Is it true that the Adoption Tax Credit can only be taken for failed adoptions if the failed adoption was domestic, not international?
As a PAP (for the second time around!), I'm being so very cautious emotionally and financially with the decisions we make.
We were just accepted by a placement agency and are starting our home study, so we're only at the very beginning of the process.
We've been through a Guatemalan adoption and know that things can change on the international scene quickly. I can't protect myself emotionally, but I'd like to *try* financially. With the wait as long as it is now for China, I fear that so much can change in the coming years and although I hate for money to be a part of the equation, it is, sadly.
BTW, I recognize an adoption is not "failed" if WE pull out. I'm trying to envision all scenarios, including the absolute worst case.