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Old 07-16-2009, 03:27 PM   #5 (permalink)
cleeszoooo
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Originally Posted by JaniceBrasil View Post
My husband and i had only been married a little over a year when we decided to start the process, we both had always talked about kids from the beginning and we knew i had a problem and just decided adoption was the way to go we could figure out the rest later... I was working at Target and he was working as a machine operator at factory but we really wanted a child (i married a jerk at 19 and had a baby she was born at 25 weeks and died 3 weeks later) i hadn't had a period in about 4 years so i knew i had PCOS and also knew I wasn't going to get pregnant so we decided to look into adoption. We didn't own our home (we still rent an apartment) we weren't pulling down a huge amount of money enough to support a child and us ad that was about it. so we started the whole process probably not in the ideal situation but they approved us and we got placement of a then 2.5 year old (now shes 3). were not finished yet because her biological mother still has her parental rights until court in September (she doesn't understand or believe that she is not able to care for her) but thats my story in a nut shell! also our adoption cost us only $1500 so before you pick an agency call every one close to you and get the pricing because for the exact same type of adoption some wanted $20,000 (insane!) Now were in a better situation and adoption fees are refundable for up to $10,000 when you are getting a child that was previously in foster care (we only spent the $1500 and a few things here and there) but as soon as we get our refund were starting the whole process over or at least setting it aside for us to adopt again!

I need to let you know about the adoption tax credit... If the child was adopted out of foster care, and gets a subsidy, you will be eligible for the whole tax credit. If you are not getting a subsidy, you can claim any monies spent on the adoption. also it is a tax credit... if you already get all of your taxes back at income tax time, you won't get anything extra back, because it's not a refundable credit. If anyone has any questions about the tax credit please let me know...
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