|
#10
| |||
| |||
| "Brew1" <brew_one[at]e-mailanywhere.com> wrote: - quote - > Harlan Lunsford wrote:
I don't believe this is true. Instructions say that if you> > Brew1 wrote: > > > Look at the instructions for form 8839 at irs.gov > > > > > You can take an adoption credit for expenses related to the > > > "failed" adoption of a child that is a U.S. citizen. If > > > your "deposit" is still valid, then you cannot take the > > > credit (yet). > > ah yes, but there still must BE a child, as opposed to a > > "gleam in a father's eye." > right you are Harlan--expenses must relate to a named child. cannot fill out some of the data, fill out the info on page 2 for the adoption agency. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#9
| |||
| |||
| "Harlan Lunsford" <hnslunsford[at]bellsouth.net> wrote: - quote - > Jim wrote:
there must be an eligible child, but the TIN in not> > I've tirelessly searched for the answer to my question but to > > no avail. I've found many, many similar questions but nothing > > that answers mine exactly. > > > Scenario: > > My wife and I started an open adoption process early 2004 in > > which we incurred ~$7000.00 in fees. As of December 2005, we > > still had not been selected and found out my wife was pregnant. > > We put our adoption wait on hold, which we can do for up to > > two years without having to pay 100% of the costs again. > > > Question: > > Even though we have not adopted a child and may choose not to > > continue the process, can we still deduct the expenses > > incurred for the purpose and intent of adopting? > There must be an eligible child for to take the credit. In > fact one must provide a taxpayer identifying number for said > adoptee. required, if not available. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#8
| |||
| |||
| "Brew1" <brew_one[at]e-mailanywhere.com> wrote: - quote - > Look at the instructions for form 8839 at irs.gov
I don't read the instructions as requiring that a failed> You can take an adoption credit for expenses related to the > "failed" adoption of a child that is a U.S. citizen. If > your "deposit" is still valid, then you cannot take the > credit (yet). adoption must pertain to a US citizen prospective adoptee to allow the deduction. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#7
| |||
| |||
| Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote: - quote - > Arthur Kamlet wrote:
Sad to see that,. like real muggles, you do not even know you> > Nah, no killings of innocent babes. > > > What you fail to appreciate is the number of wizards living > > in this muggle world and have greatly underestimated the > > apparently vast number of shape shifters. And in their dog > > or horse or unicorn form, require no tax id numbers. > > > And if none of this makes sense, where have you been lately? > Somehow the above doesn't seem any different from some of the > junk emails I sometimes get. "muggle"? "shape shifters"? are one :^) So out of curiosity, who is currently the richest best selling author, whose books have been made into sold-out movies attended by little girls dressed as witches and little boys as wizards, each little boy carrying a magic wand and each adorned with a Sharpie-drawn lightening bolt right in the middle of their forehead? Harlan: There's more to life than taxes!!! Besides Crown Royal, that is. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#6
| |||
| |||
| Arthur Kamlet wrote: - quote - > Nah, no killings of innocent babes.
Somehow the above doesn't seem any different from some of the> What you fail to appreciate is the number of wizards living > in this muggle world and have greatly underestimated the > apparently vast number of shape shifters. And in their dog > or horse or unicorn form, require no tax id numbers. > And if none of this makes sense, where have you been lately? junk emails I sometimes get. "muggle"? "shape shifters"? C$, HL << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#5
| |||
| |||
| Dick Adams <rdadams[at]smart.net)> wrote: - quote - > Harlan Lunsford wrote:
Nah, no killings of innocent babes.> > ah yes, but there still must BE a child, as opposed to a > > "gleam in a father's eye." > As you all will recall, one of ehe most massive genocides in > human history occurred when the IRS required an SSN/TIN for > dependents. It must have been a great year for auditing > prior year unmarried heads of households with four dependent > children who then filed single with no dependents! What you fail to appreciate is the number of wizards living in this muggle world and have greatly underestimated the apparently vast number of shape shifters. And in their dog or horse or unicorn form, require no tax id numbers. And if none of this makes sense, where have you been lately? __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#4
| |||
| |||
| Harlan Lunsford wrote: - quote - > Brew1 wrote:
As you all will recall, one of ehe most massive genocides in> > Look at the instructions for form 8839 at irs.gov > > > You can take an adoption credit for expenses related to the > > "failed" adoption of a child that is a U.S. citizen. If > > your "deposit" is still valid, then you cannot take the > > credit (yet). > ah yes, but there still must BE a child, as opposed to a > "gleam in a father's eye." human history occurred when the IRS required an SSN/TIN for dependents. It must have been a great year for auditing prior year unmarried heads of households with four dependent children who then filed single with no dependents! Just think of all the adoption credits some felon could sell. Dick << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#3
| |||
| |||
| Harlan Lunsford wrote: - quote - > Brew1 wrote:
right you are Harlan--expenses must relate to a named child.> > Look at the instructions for form 8839 at irs.gov > > > You can take an adoption credit for expenses related to the > > "failed" adoption of a child that is a U.S. citizen. If > > your "deposit" is still valid, then you cannot take the > > credit (yet). > ah yes, but there still must BE a child, as opposed to a > "gleam in a father's eye." << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#2
| |||
| |||
| Brew1 wrote: - quote - > Look at the instructions for form 8839 at irs.gov
ah yes, but there still must BE a child, as opposed to a> You can take an adoption credit for expenses related to the > "failed" adoption of a child that is a U.S. citizen. If > your "deposit" is still valid, then you cannot take the > credit (yet). "gleam in a father's eye." ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#1
| |||
| |||
| Look at the instructions for form 8839 at irs.gov You can take an adoption credit for expenses related to the "failed" adoption of a child that is a U.S. citizen. If your "deposit" is still valid, then you cannot take the credit (yet). << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| | |||
| |||
| Jim wrote: - quote - > I've tirelessly searched for the answer to my question but to
There must be an eligible child for to take the credit. In> no avail. I've found many, many similar questions but nothing > that answers mine exactly. > Scenario: > My wife and I started an open adoption process early 2004 in > which we incurred ~$7000.00 in fees. As of December 2005, we > still had not been selected and found out my wife was pregnant. > We put our adoption wait on hold, which we can do for up to > two years without having to pay 100% of the costs again. > Question: > Even though we have not adopted a child and may choose not to > continue the process, can we still deduct the expenses > incurred for the purpose and intent of adopting? fact one must provide a taxpayer identifying number for said adoptee. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#-1
| |||
| |||
| I've tirelessly searched for the answer to my question but to no avail. I've found many, many similar questions but nothing that answers mine exactly. Scenario: My wife and I started an open adoption process early 2004 in which we incurred ~$7000.00 in fees. As of December 2005, we still had not been selected and found out my wife was pregnant. We put our adoption wait on hold, which we can do for up to two years without having to pay 100% of the costs again. Question: Even though we have not adopted a child and may choose not to continue the process, can we still deduct the expenses incurred for the purpose and intent of adopting? Thank you very much for your help. Jim ---------- Moderator: Congratulations on the pending birth of your child. I wish you a healthy, beautiful baby girl. Girls are easier to raise than are boys. Also daughters will love you forever or until they turn 13 whichever comes first. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| adoption, deducting, expenses, happen, incurred |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| adoption tax credit for spouse's child taxes: just to confirm, can i take a tax credit for adopting my spouse's child? thx << ======================================================= ><<... | Taxes | 9 | 03-31-2006 10:31 AM | |
| International Adoption and Tax Exemption Briaric: I understand the tax credit and we will be taking that for this year but what I am wondering about is the dependency for a boy that we adopted from... | Taxes | 3 | 11-01-2004 06:55 PM | |
| Adoption Credit... Please help this new dad!! Road Atlas: I pre-paid adoption fees to the agency on Dec 16, 2002 ($23,000 fee) to enter their program at the bottom of the waiting list. My child was born... | Taxes | 4 | 02-04-2004 02:54 AM | |
| adoption & support test for dependency ricks: I know that in order to claim a child as a dependent (among other things), I must provide more than 50% of the child's support. What about for a... | Taxes | 2 | 12-14-2003 07:39 AM | |
| Adoption Credit for TWO childern??? Matt Slay: If I get TWO domestic adoptions (1 in 2003 and another in 2004), will I be able to enjoy the $10,000 tax credit for each one (not in the same tax... | Taxes | 1 | 09-16-2003 12:14 AM | |
| Thread Tools | |
| Display Modes | |
| |