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Can anyone tell me if the cost of the birth is covered in the Tax Credit?
At this point it looks like the biggest cost in this adoption will be the birth cost if Medicade does not cover it.
Hi!
The tax credit covers all adoption related expenses up to $10690.00. Depending on the type of adoption you are doing the remaining costs are out of your pocket. You also must remember that you cannot file for the tax credit with your tax return once your adoption is final.
Please go to the IRS for more information regarding the tax credit. Or talk to an accountant he or she can explain in an easy manner that is understandable.
Congrats on your future adoption!!!!
Michelle
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