JONI9611
Level 3
02-24-2024
10:59 AM
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Adoption was finalized in 2023. Two children were adopted. Client has expenses from 2021 for child one. Should I go back and amend 2021 to get credit carry forward to 2023 or can I put it on with 2023 expenses? Second child has behavioral issues. I believe that would make him eligible for special needs credit. There are no expenses for 2nd child but he would still get credit. Correct?
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Level 15
02-24-2024
11:52 AM
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The adoption credit has timing rules for expenses. Here is a link so you can apply them to your client.
Level 15
02-24-2024
03:56 PM
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