|
The rule for domestic adoption expenses is this: You file for the credit in the year you finalize - or - in the year after you pay the expense - whichever comes first.
So, if you pay expenses in 2007 and finalize in 2007, then you get the credit on your 2007 taxes. And if you pay expenses in 2007 and do *not* finalize in 2007, you get the credit on your 2008 taxes (regardless of whether you ever finalize or not).
Hope that helps!
|