You did it! You helped to extend the Adoption Tax Credit!Congress included an extension of the Adoption Tax Credit in the "fiscal cliff" budget negotiations! Many details are still unknown, but we know of three significant changes:
- The Adoption Tax Credit is extended permanently.
- The Credit is set at $12,000 rather than the $6,000 that it was set to revert to for adoption of domestic children with special placement needs.
- As far as we know, the credit will apply to all adoptions, as it did previously.