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#1
01-07-2009, 01:30 PM
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Turbo Tax for Adoption Tax Credit?
Can I use Turbo Tax with this? Is there an additional form and if so can i E-file with it?
If anyone knows I would really appreciate it!
__________________
“Sometimes the strength of motherhood is greater than natural laws.” - Barbara Kingsolver "If you have love, you don't need to have anything else, and if you don't have it, it doesn't matter much what else you have." - Sir James M. Barrie "Nothing's gonna change my world." - John Lennon 
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Adoption Information
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#2
01-07-2009, 01:32 PM
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last year's version had it, I would think this year's has it too.
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#3
01-07-2009, 01:35 PM
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we're using it and last year's did have it. it will ask you a series of questions about your adoption, whether it's final, etc.
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#4
01-07-2009, 01:35 PM
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Yep, sure can! As you go through and it asks all the questions to get credits and deductions, it will ask if you adopted. Answer yes then it will ask if you finalized. Then you have to put in additional info, but I don't remember exactly what. Agency info, I think, finances, etc. I used it last year, e-filed, and had more than 10k direct deposited into my checking account in mid-February! I will do it again this year, too!
__________________
07/20/06 Cameron born 3/10/08 Spencer born January 2009: Officially licensed foster parent and SNAP approved! 7/11/09- First placement: Princess P
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#5
01-07-2009, 01:42 PM
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Oh good
__________________
“Sometimes the strength of motherhood is greater than natural laws.” - Barbara Kingsolver "If you have love, you don't need to have anything else, and if you don't have it, it doesn't matter much what else you have." - Sir James M. Barrie "Nothing's gonna change my world." - John Lennon
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#6
01-07-2009, 01:45 PM
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We used it and got more back than H&R Block said we would! Last year, that is. We'll see how this year goes.
__________________
Homestudy started 7/06 Homestudy finished 8/06 Officially waiting 9/12/06  Matched and met our beautiful baby girl 3/25/07  Finalized!!!! 10-25-07 
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#7
01-07-2009, 01:46 PM
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What is this with the second year? For those with two kids right?
__________________
“Sometimes the strength of motherhood is greater than natural laws.” - Barbara Kingsolver "If you have love, you don't need to have anything else, and if you don't have it, it doesn't matter much what else you have." - Sir James M. Barrie "Nothing's gonna change my world." - John Lennon
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#8
01-07-2009, 01:58 PM
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We weren't eligible for the entire credit the first time around, so we can use the remainder this year. At least, that's what we were told.
__________________
Homestudy started 7/06 Homestudy finished 8/06 Officially waiting 9/12/06 Matched and met our beautiful baby girl 3/25/07 Finalized!!!! 10-25-07
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#9
01-07-2009, 02:02 PM
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You have up to 5 years to use the entire credit. I used it the last 2 years and I will likely be able to use it for this year and next year before I have used it all up.
Samantha
__________________
Me: placed in adoptive home 7/14/76 (7 years old) adoption finalized 10/21/77 My daughter: REFERRAL 6/29/06 (18 months old) Court date 7/26/06 Meet daughter for first time 8/29/06  Re-adoption finalized 5/16/07 I LOVE being a single mom!!
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#10
01-07-2009, 02:58 PM
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We used Turbo Tax every year and it was very simple with our 2004 adoption, walked us right through it!
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#11
01-07-2009, 03:15 PM
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Quote:
We did not have a high enough liability to use all of it. So, we will use the rest of Cameron's and start on Spencer's this year.
__________________
07/20/06 Cameron born 3/10/08 Spencer born January 2009: Officially licensed foster parent and SNAP approved! 7/11/09- First placement: Princess P
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#12
01-07-2009, 03:39 PM
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Yes-I actually use TaxAct because it's cheaper and it has it. TurboTax definitely has it.
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#13
01-07-2009, 04:16 PM
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We finalized just before the end of the year and are planning to use Tax Cut -- same thing as turbo.
Is there any other documentation we need to send in, like how you send in your W2? Thanks,
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#14
01-07-2009, 04:24 PM
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We don't send it in when we use Turbo Tax. We fill out all the info from it though.
__________________
“Sometimes the strength of motherhood is greater than natural laws.” - Barbara Kingsolver "If you have love, you don't need to have anything else, and if you don't have it, it doesn't matter much what else you have." - Sir James M. Barrie "Nothing's gonna change my world." - John Lennon
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#15
01-07-2009, 05:08 PM
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Do you have to have a SSN for the child, or will the ATIN work for Turbo Tax???
__________________
02/04-02/07 TTC#1 w/ unexplained infertility, 9 rounds of oral meds, 3 surgeries, and 2 miscarriages 04/20/07 Orientation and Application to Adopt 09/27/07 Approved and Waiting! 04/08-06/08 THREE failed matches! 07/10/08 Matched! Baby girl born 6/24/08 07/29/08 She's ours! ICPC already cleared! 01/23/09 Finalized! 03/30/09 Yes, we're crazy - starting again! 04/09/09 Second Application submitted 05/05/09 Homestudy Update!  07/13/09 Finally approved and waiting again!!! 08/09 Unexpected pregnancy and m/c
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