Adoption Benefits Increased for Children Adopted in 2009

note grom unhappygrammy-This doesn't count how much money these people are paid monthly (until the child is eighteen or 21) plus all the benefits received, compliments of our government, for children adopted through DCYF/CPS. Huge money market for the State.

Adoption Benefits Increased

For 2009, the maximum adoption credit has increased to $12,150. Also, the maximum exclusion from income for benefits under your employer's adoption assistance program has increased to $12,150. These amounts are phased out if your modified AGI is between $182,180 and $222,180. You cannot claim the credit or exclusion if your modified AGI is $222,180 or more.


http://www.irs.gov/formspubs/article/0,,id=177982,00.html






Page Last Reviewed or Updated: November 26, 2009