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Tuesday, February 1, 2011

You may qualify for Thousands from IRS

Ok. I know I've posted before on this topic, but I want to make sure that you know how big this is. Part of the health care reform bill recently passed had to do with adoptions. Here's an expample- if you adopted a child from the state in 2010 and are receiving a subsidy, yours is considered a special needs adoption. Even if you paid NOTHING in expenses for your adoption, if you make less than $180,00ish a year, you will get about a $13,000 check from Uncle Sam. If you adopted internationally, you can get up to $13,000 of your expenses refunded. Even if you finalized as far back as 2005, you can amend your return and start a college fund, buy some groceries or plan a vacation. Make sure you do your homework and find out if you qualify. Send me a message or call and I'll let you know more details.

2 comments:

Jen said...

Great post Carol! Yes, it's awesome! Our CPA also informed us you must paper file.

Adopted*5* said...

MomWould this be PER adopted child? or is this a total overall amount?