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  #10  
Old 09-17-2006, 10:00 AM
Gil Faver
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Default Re: Deducting adoption expenses incurred for an adoption that may

"Brew1" <brew_one[at]e-mailanywhere.com> wrote:
- quote -

> Harlan Lunsford wrote:
> > 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.


I don't believe this is true. Instructions say that if you
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  
Old 09-17-2006, 10:00 AM
Gil Faver
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Default Re: Deducting adoption expenses incurred for an adoption that may

"Harlan Lunsford" <hnslunsford[at]bellsouth.net> wrote:
- quote -

> Jim wrote:

> > 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.


there must be an eligible child, but the TIN in not
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  
Old 09-17-2006, 10:00 AM
Gil Faver
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Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

"Brew1" <brew_one[at]e-mailanywhere.com> wrote:

- quote -

> 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).


I don't read the instructions as requiring that a failed
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  
Old 08-23-2006, 06:05 AM
Arthur Kamlet
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Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote:
- quote -

> Arthur Kamlet wrote:

> > 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"?


Sad to see that,. like real muggles, you do not even know you
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  
Old 08-18-2006, 07:39 PM
Harlan Lunsford
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Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Arthur Kamlet wrote:

- quote -

> 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"?

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  
Old 08-17-2006, 07:42 PM
Arthur Kamlet
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Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Dick Adams <rdadams[at]smart.net)> wrote:
- quote -

> Harlan Lunsford wrote:

> > 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!


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?

__
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  
Old 08-17-2006, 04:00 AM
Dick Adams
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Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Harlan Lunsford wrote:
- quote -

> 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."


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!

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  
Old 08-17-2006, 03:51 AM
Brew1
Guest
 
Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Harlan Lunsford wrote:
- quote -

> 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.

<< ================================================== ===== > << 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  
Old 08-17-2006, 12:14 AM
Harlan Lunsford
Guest
 
Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Brew1 wrote:

- quote -

> 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."

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  
Old 08-16-2006, 08:49 AM
Brew1
Guest
 
Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

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. > << ================================================== ===== >
 
Old 08-15-2006, 06:16 AM
Harlan Lunsford
Guest
 
Posts: n/a
Default Re: Deducting adoption expenses incurred for an adoption that may

Jim wrote:

- quote -

> 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.

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  
Old 08-13-2006, 03:47 AM
Jim
Guest
 
Posts: n/a
Default Deducting adoption expenses incurred for an adoption that may not happen

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. > << ================================================== ===== >
 

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