Guidance on expanded adoption credit available for tax-year 2010.

PositionFTB NEWS

The IRS has issued guidance on the expanded adoption credit included in the Affordable Care Act and released a draft version of the form that eligible taxpayers will use to claim the newly-expanded adoption credit on 2010 tax returns fled next year.

The Act raises the maximum adoption credit to $13,170 per child, up from $12,150 in 2009. It also...

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