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  #1  
Old 01-03-2014, 12:34 PM
icehockey101 icehockey101 is offline
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Exclamation E-File Adoption Tax Credit

I was able to get my W2 and decided to look up what additional paperwork I would need to mail in with my taxes. I still have carry over from the ATC last year and had to paper file. Well, on the IRS page, you can now e-file with the ATC!

http://www.irs.gov/pub/irs-pdf/i8839.pdf

Hopefully refunds, etc will go through much faster with e-file.
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TPR process started 9/2011, granted 1/24/12, signed 2/9/12, adoption finalized 4/2/12

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  #2  
Old 01-03-2014, 01:08 PM
irq11 irq11 is offline
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YES!!!!!!! I was getting all grumpy about having to paper file this year!!!!! THANK YOU for posting this!!!
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  #3  
Old 01-03-2014, 01:23 PM
icehockey101 icehockey101 is offline
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No problem! My excitement has turned sour because on preliminary numbers I've run, the ATC wont matter this year anyway as we dont have tax liability. Wish it would be refundable again.
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AD10 arrived Sept 2009 at age 5.5
AS6 arrived Sept 2009 at age 2
TPR process started 9/2011, granted 1/24/12, signed 2/9/12, adoption finalized 4/2/12

Happiness is not having what you want. It is wanting what you have. (Rabbi Hyman Schachtel)
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  #4  
Old 01-03-2014, 01:24 PM
halary halary is offline
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Dumb question--we didn't pay anything for our adoption. Reading this, do we get to claim a credit only if the child is "special needs"? Is this just that they got the subsidy? It says special needs means "The state has determined that the child will not be
adopted unless assistance is provided to the adoptive parents."

But ours was a kinship foster adoption, so its not like they put him on the open market...
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  #5  
Old 01-03-2014, 03:58 PM
phxmama phxmama is offline
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It does mean special needs as in you receive an adoption subsidy, even if that is only Medicaid. Rules are different in different states so the only requirement for the IRS is that your state considers it special needs. You would have some paperwork from the state re: the identified special needs if this were the case.
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Former placements:
#14 little Miss I am so bored (14) week respite placement.
#13 Fire Dragon (8) She is BACK. RU'd with Mom back in care 8 weeks later. Now placed with another family as pre-adoptive.

#12 Starbuck girl (15)-one day emergency placement
#11 Super Boy, now my son adopted 5/10/13
#10 Teen Angel--placed in detention after violating probation until 18. Returned for two months before turning 18 and is now on her own. Bio mom of Super Boy.
#9 Cinderella (18) Flew the coop June 25 after turning 18.
#8 Teen Mom's son (now 1 and with Mom )
#7 Teen Mom 17 (now 18 and on her own, doing well)
#6 Chola- 17, after 3 mos. sent to behavioral placement
#5 Heartbreaker- left when she turned 18
#2,3,4 Christmas Kids 11, 8 and 6 RU'd with Mom
#1 B-day Twin, 12--sent to behavioral placement
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  #6  
Old 01-03-2014, 04:25 PM
TemporaryMom TemporaryMom is offline
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Quote:
Originally Posted by phxmama
It does mean special needs as in you receive an adoption subsidy, even if that is only Medicaid. Rules are different in different states so the only requirement for the IRS is that your state considers it special needs. You would have some paperwork from the state re: the identified special needs if this were the case.

Yep. I don't know of a single state that gives subsidy to non-special needs kids, but maybe there are? So, in general, if you get subsidy, even just medical, you qualify for the ATC. You save your subsidy award letter for audit purposes.
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  #7  
Old 01-03-2014, 05:21 PM
Betzim Betzim is offline
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Yes, subsidy equals "special needs". They do not actually have to have a medical special need. My son has none and was considered special needs (i.e., getting a subsidy) because he has minority status. And I got the full refundable credit in 2010. Not sure how the law has changed.

Also, don't believe every accountant. Most know nothng about this and I almost missed out on this credit because my accountant said I was not eligible. They were wrong! (I have a new accountant now).
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  #8  
Old 01-05-2014, 01:17 AM
WagsWife WagsWife is offline
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Quote:
Originally Posted by TemporaryMom
Yep. I don't know of a single state that gives subsidy to non-special needs kids, but maybe there are? So, in general, if you get subsidy, even just medical, you qualify for the ATC. You save your subsidy award letter for audit purposes.

In California, every child adopted out of foster care is considered "special needs." So, even though Sweet Pea was an infant when she came to us, and a healthy white child...we still get an adoption subsidy as well as medical.
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  #9  
Old 01-06-2014, 09:03 AM
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Foster1Mom Foster1Mom is offline
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Same in Fl. We have a paper that shows he is "special needs" the AW pointed it out to make sure we knew.
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  #10  
Old 01-06-2014, 03:33 PM
missypea missypea is offline
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We weren't sure if we could claim Baby Girl's adoption on our 2012 taxes. Does anyone know if we can claim her this year? Or did we just miss out?
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Baby Girl (3)- birthday: July 20, 2011; entered home in Oct. 2011 (3 months); adopted in Oct. 2012 (15 months)
Lil Man (2)- birthday: Aug. 24, 2012; entered home in Dec. 2012 (3 months); adopted in Feb 2014 (18 months)

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Beany Baby (10 months)- birthday: Oct. 2, 2013; entered home in Oct 2013 (2 days old); Goal Change to TPR (waiting)

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  #11  
Old 01-06-2014, 03:57 PM
DianeS DianeS is offline
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Quote:
Originally Posted by missypea
We weren't sure if we could claim Baby Girl's adoption on our 2012 taxes. Does anyone know if we can claim her this year? Or did we just miss out?

You adopted her (the legal, final adoption) in 2012? Then you need to go back and amend your 2012 taxes. None of the foster care rules apply to you once you have adopted her - you are her parent, and as such you can claim her. On the 2012 taxes, you claim her as your dependent, and you start the forms for the federal adoption tax credit.

You can't just start from 2013, because the IRS requires that you claim things in the year they happen.

Hope that helps!
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