Retroactive to January 1, 2009 the adoption tax credit has been increased by $1,000
(from $12,150 to $13,150).
In 2010 the adoption tax credit will be $13,170.
Furthermore, the tax credit has been extended through December 31, 2011.
This is extremely good news for all adoptive families and really helps make adoption
affordable for so many folks! I truly hope that many new happy families are formed through this.
Thank you President Obama and also thanks to your team!
Tuesday, March 23, 2010
Way to go President Obama!
Phew it was a close run thing for this tax credit but as part of the health care reform bill that President Obama signed yesterday the adoption tax credit has been increased and expanded.
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I love our baby $1000 more today! I mean, times more. 1000 times more... LOL
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