Need info on affordable adoption

We haven't owed taxes since we've been married so I guess no tax credit for us.

Hi, I am a single parent, and was able to do Fost/Adopt through a FFA. It is private, and only works with social services after the foster care period is transferring to adoption. Also, the fees are minimal. My son was 4 days old, when I was called to pick him up from the shelter. He is now 2yrs old, and the adoption is complete. Also, another tip would be to maintain flexibility. I suggest working at home if possible, to be able to keep up with the numerous visits. A great company that is also altruistic, and helps children all over the world is Trivani. Check 'em out at: [url=http://www.mytrivani.com/601101]Trivani International: Turning Business Into Benevolence[/url]. It will help any future, or current adoptive parent, maintain flexibility; while also allowing time to spend with their child.

Pikea, I think the tax credit is getting lost in translation.Most people have a tax liability during the year (the amount you pay to the feds monthly via paychecks). It's very rare that someone would have paid nothing in taxes on their monthly paychecks and still owe nothing at the end of the year. Unless you can prove that you have zero income at all ($0-$15,650 for a married couple, has a tax liability of 10% of their Gross earnings) or unless all of your income is tax exempt, there will be tax liability, which is different than OWING something at the end of the year. Many people overpay taxes during the year so that they don't owe in April. Is that your situation?In other words, owing taxes at the end of the year is different than what your tax liability would be.Let's suppose that thru the year, my husband and I pay out $400 a month from our paycheck. That's $4,800 we've paid throughout the year to the feds (400 X 12). At the end of the year, our tax liability (the amount we would be obligated to have paid thru the year) is $3,000. That would mean normally we would be getting $1,800 back from the feds in April ....with me so far?Now, with the adoption tax credit, we would be getting that $1,800 back (normally), as well as the $3,000 that the feds said we would normally be liable for that year. Then, the remainder of the $10,000 ($7,000) more, would be banked for the tax liability for the following year, and the following year, up to 5 years till it's exhausted. At that rate, if life did not change, you could even make yourself exempt on W2s so that you pay nothing monthly for a couple of years, because you would KNOW you would be getting back more than your liability. Make more sense?

Pikea Just pull out your 1040 and that will tell you how much you've paid in for the previous year. You can also look at your current pay stubs to see out much is being paid in taxes weekly or monthly and you can make a guesstimate in how much you will be paying in this year. That is what you should be looking at instead of whether you owe or get a refund on April 15th.

i found this [url=http://www.affordingadoption.com/loans.php]Adoption Loans -- Affording Adoption[/url] maybe it will help?

Oh, okay. I get it now. Thanks.

One thing that I didn't realize is that the tax credit may not be claimed if your adjusted gross income is too high. Our accountant pointed that out to us yesterday, and I hadn't even considered that.

FWIW there are agencies that offer reduced fees for those wanting to adopt an AA infant. i've seen it be as little as half of their regular fees. i'm not sure i understand or agree with this practice since we're talking about LIVES and not hard-to-sell commodities, but there it is.

I've seen the fees even cheaper for children with special needs too. Its a sad reality.

:coffee: I adopted an infant from CA, and used a combination of a semi-private adoption agency, that worked with social services in the end. It was a fost-adopt system. It can also be called concurrent planning...but it's very cost efficient, and many times there a wonderful kids that really need a good home. You should try it. First, you certify as a foster parent, and then you proceed to the actual adoption if all goes well. That way..you can actually test out the child, and make sure that you are right for one another. The fees are minimal. See this site for available children. If there are none there..foster care/adoption agencies often times hold children's fairs with social services workers to encourage adoption. You simply attend, bring your resume for being a parent, and they call you with possible matches (after you are fully registered as a fost/adopt parent). Hey..noone said it was going to be easy. Try these sites...there are hundreds of agencies similar to the one below, that offer foster/adoption. Just Google it. The photo below is of my son, adopted through the semi-private agency. [url=http://www.aspiranet.org/Adoption/fost-adopt.aspx]Aspiranet[/url] [url=http://www.cakidsconnection.org/]California Kids Connection[/url] [url=http://www.mytrivani.com/alishamgray]Trivani International: Turning Business Into Benevolence[/url]

We used a private agency which does not charge any fees. We were matched with a healthy African American infant within 1 week after our home study was approved. I don't think I am supposed to include the name of the agency here so just PM me for the agency name and contact info.

a friend of mine used Spence chapin.

You may want to check into an adoption lawyer, some may not require fees upfront to present your profile to expectant moms and their fees are usually less than an agency. If you would like more info on agencies/attorneys we have used PM me. I'd be happy to share! :)

I adopted my 2 older sons from foster care and am in the process of adopting my 2 younger ones. I fostered first; you're always told that reunification is the goal so if you're not thick-skinned, don't do it. PM me if you want more info.

Hello, i was reading through some post regarding adoption cost, and I also have to say it is so sad that so many children are waiting for homes etc, but adoption is a huge business...my husband and I were matched with a infant in April 2008 before we even signed a contract however we also had to wire $29,000.00 that evening--we prayed and in good faith did this---and with the grace of God our adoption went thru without a problem I also had to spend 8 wks out of state so when all was finsihed our adoption was $40,000.00...infant was in la and we are in tn so interstate adoption fee also--- We Thank God from heaven above for our baby-- we are a multi racial family---that's full of love and we have 4 wonderful boys.. :clap: