To all you adoptive parents out there, the Federal tax legislation allows for a tax credit for adoption expenses incurred in 2013. The maximum tax credit is $12,970 Those with a modified adjusted gross income of $194,580 or less qualify for the full credit. The amount of the credit graduates downward to zero as incomes approach $234,580.
This will help to make the magic that is adoption more affordable for more prospective adopting families..
For more information about the adoption tax credit go to www.radis-adopt.com
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