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Old 03-02-2003, 10:57 AM
reillyz's Avatar
reillyz reillyz is offline
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Wink Reimbursement from employer AND tax credit --I need HELP!

Hello----


I'm actually a little nervous about posting....some pretty hostile remarks from people in the adoption community.....

But I do have a question....

I understand how the adoption (10K) tax credit works. But in addition to that, my dh's employer has a program that refunds 5k after the completion of a successful adoption. When we recieved it, it was taxed, so we got like half of that. Is that separate from the 10 k tax credit, anyone else have any experience with this?

With all the hoops we had to jump through, and all the paperwork to get my son with us, you think I would be able to figure it out.
TIA,

Theresa
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Old 03-02-2003, 09:03 PM
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Linny Linny is offline
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We went to H and R Block who filled out our forms. I also visited the IRS website which has all the forms that you can 'fill out' yourself....including all of the directions too. I went to the IRS site, simply so I could understand the tax credit better, etc.
Anyway, the form that is used to file the tax credit, also has a separate section for 'any amounts that you received from your employer because of the adoption'.
I understand your question, as it can be rather confusing. But, this particular form takes that amount into consideration....even though, as you stated, the amount was taxed.
I believe the adoption tax credit form is 8839.....though I may be wrong. Check the IRS website for sure......

Hope this helps....


Linny
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