Adoption Credit for TWO childern???


M

Matt Slay

If I get TWO domestic adoptions (1 in 2003 and another in
2004), will I be able to enjoy the $10,000 tax credit for
each one (not in the same tax year of course). Or is it a
"one time/on child" kinda thing?
 
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H

Harlan Lunsford

Matt said:
If I get TWO domestic adoptions (1 in 2003 and another in
2004), will I be able to enjoy the $10,000 tax credit for
each one (not in the same tax year of course). Or is it a
"one time/on child" kinda thing?
You can only "enjoy" what you actually spend, max 10,000$.
It's not an automatic 10k! (grin)

Cheer$,
Harlan Lunsford, EA in LA
 

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