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I'll see if I can help...
The adoption tax credit is just that...a credit, not a deduction...it reduced your total tax liability. So, let's say you pay in $15,000 in taxes over the course of the year. The total tax credit is $10,000, so you will receive $10,000 back from the IRS.
If you pay less than $10,000 in taxes, you will receive back what you've paid in...and you can roll over the tax credit for up to 5 years until it's used up.
Make sense?
I would highly recommend having an accountant do your taxes just to help make sure all the i's are dotted and t's are crossed. Good luck!
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