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Old 06-06-2000, 01:39 AM
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$10,000 tax credit

Originally Posted By sandy

Did they ever pass that bill to increase the adoption tax credit from $5,000 to $10,000. Where can I go to learn more? Would my accountant know about this?
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Old 06-08-2000, 12:52 AM
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Re: $10,000 tax credit

Originally Posted By Nathan

They are working on passing it, but it has not yet been passed. Contact your local representatives to encourage the Hope for Families Act.
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Old 11-03-2000, 05:03 PM
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Re: $10,000 tax credit

Originally Posted By Angela

In looking at the IRS site http://ftp.fedworld.gov/pub/irs-pdf/p968.pdf
the document indicates that the tax credit of even $5000 will end in 2001 for both international adoptions and domestic adoptions that are not special needs. This didn't make sense as I read the info about the Hope for Families Act. Where is the descrepancy?
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