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The Following is helpful information for anyone who is a foster or adopting parent, or who plans to become one soon.


Federal Tax Benefit Guide for Foster/Adoptive Parents, and Kinship Caregivers

http://www.nfpaonline.org/content/?page=142


02/04/2008

Federal Adoption Tax Credit

This tax credit provides the adoptive parents with a $10,000 credit per child for expenses paid to adopt. For incomes below $150,000, the entire credit can be taken. For incomes between $150,000-$180,000, a partial credit can be taken. For detailed information, review IRS Form 8839 and instructions. 800-829-3676 www.irs.gov/instructions/i8839/index.html


01/04/2008

New Year 2008

The longer children wait in foster care, the longer they go without knowing what it’s like to have a permanent home. Ten-year-old Katy has been in foster care since a young age. Behind her dimpled cheeks and freckled face (which she calls “angel kisses”) is a curious little girl who loves life.

We took Katy to The Sanctuary at J&M Aviaries, and she was clearly in her element. Katy says she wants to be a veterinarian because she loves animals. This fourth grader does really well in school. Of course, she likes summer as well. “We went swimming every day. I went to the lake. Found a lot of seashells. Made necklaces,” she said.

Foster care is almost all the family like Katy knows. But she remain upbeat and optimistic

about getting adopted. Katy understands what adoption is because she’s seen it happen for other children. But

this spunky, husky-voiced Texan needs it to happen for her.

We took Katy to The Sanctuary at J&M Aviaries, and she was clearly in her element. Katy says she wants to be a veterinarian because she loves animals. This fourth grader does really well in school. Of course, she likes summer as well. “We went swimming every day. I went to the lake. Found a lot of seashells. Made necklaces,” she said. Foster care is almost all the family like Katy knows. But she remain upbeat and optimistic about getting adopted. Katy understands what adoption is because she’s seen it happen for other children. But this spunky, husky-voiced Texan needs it to happen for her.

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