A while ago we blogged about the changes that the IRS made to the Adoption Tax Credit for 2011 and we wanted to remind you once again.
The credit was increased from $12,150 to $13,170.
The changes also now make the credit refundable.
You must fill out Form 8839, “Qualified Adoption Expenses”, and include one or more adoption related documents. Because of the documentation that is required you cannot submit your taxes by E-File.
For further information please ask a tax advisor. You can also get further information by going here.