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Old 12-02-2001, 10:18 AM
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Adoption tax credit

Originally Posted By Ajoy Muralidhar

Hi, Karen, dont know much about funding, but the Hope for Children act goes into effect Jan 01, 2002. Provides a tax credit of upto 10K per child adopted for people earing upto 150K per year. This apples to bot International and Domestic adoptions.
You can get more information and full text of the Act at http://www.house.gov/demint/Legislat...orChildren.htm
The IRS has not yet updated their publication 968, but I am sure a new one will be available in January.

hope this helps,

Ajoy
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