Saturday, March 27, 2010

Taxes

With the passage of the health care reform act earlier this week comes additional welcome news for adoptive families:
  • The maximum credit was increased from $12,150 to $13,170
  • The credit is extended through December 2011.
Apparently, it's also rather complicated so I guess I'll be reading up on the details and hoping that Turbo Tax can help out.

1 comment:

Mrs H said...

Well, I guess one good thing about not having adopted/been matched yet is now we can have bigger tax credit!

I'm just glad it got extended. That's about what we've spent so far.