posted on Jun, 8 2011 @ 06:54 PM
For each child:
The amount of the credit is based on the year the adoption finalized:
2011 $13,360
2010 $13,170
2009 $12,150
2008 $11,650
2007 $11,390
2006 $10,960
2005 $10,630
2004 $10,390
2003 $10,160
The tax credit became refundable for 2010 and 2011.
A refundable tax credit is one you get back regardless of what you owe or paid in taxes for the year.
Families who adopted from 2005 to 2009 may be able to benefit from the refundable credit
because credits from those years can be carried forward until 2010.
IWho takes care of these children while she's working????
Talking out of both sides of her mouth isn't she!!