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Tax Question
I was told that the interest in my adoption loan is considered an adoption expense and can be applied for a full tax credit. Is this true? I don't see it in the qualified adoption expenses on the form 8839 instructions. I appreciate any insight to this matter.
Also we received a grant for 2000 from shohanas hope. Do I deduct that from my adoption expenses? or is it considered taxable income or is it a non-taxed grant?
Thanks in advance,
Garner
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