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Tax Information

NACAC has updated their fact sheet about the Federal Adoption Tax Credit for families who have just finalized. The information is for families who finalized in 2008, but does include the amounts of the credit and income restriction for 2009. All of the information about how to do the adoption tax credit applies to both 2008 and 2009.

This fact sheet is for families that have adopted special needs children from the US foster care system with adoption assistance. These families often think (or are told) that they must have incurred adoption expenses to receive the federal adoption tax credit, which is not true.

For information on income tax issues related to adoption, go to the NACAC site at:

For more TAX information please visit our Taxes links section.