How to Use This Blog

A Wayfarer is a person who is traveling, a particular place, a circumstance, a stage of life, etc. Let's walk the road of adoption together. The journey is so much better with company!
Much of this information is useful for any adoption, but this blog is designed to be a
I hope this blog will be helpful to you in your adoption whether you are considering, waiting or home. I started this blog when we were adopting and found there was next to nothing on the web in any orderly manner. I set about to collect information for myself and then for others. Now, there are more sites for resources, but still not much that brings it all together. I hope this blog will serve as a sort of clearing house for Ethiopian Adoption Information. Please feel free to contribute your knowledge through commenting.
You can search by topic in three ways. 1. Go to the "key word" tabs on top and open pages of links in those topics. 2. Use the "labels list" in the side bar or 3. use the "search bar" above the labels list. You can also browse the blog by month and year in the Posts section or in any of the above as well. The sidebar links are to sites outside of this blog. While I feel they provide good information, I can not vouch for each site with an approval rating. Use your own discernment for each. If you have more to add to the topic, please add it in the comment section of that page or post.
And, please link to The Wayfarer Adoption Blog by putting my button on
your blog so others can use this resource too. Please link to this blog when ever you can and whenever you re-post things (or images) you have found here. Thanks!
The solid tabs are links to my other blogs for books and family. Check them out if you are interested.
Welcome to the journey!

Thursday, January 20, 2011

Doing taxes

There are a lot of questions about the adoption tax credit laws and how to file. It has been easy for us to file for the last two years. I think there is only one year left for us. Fortuantely it has been extended. And I think that the limit is about  $13,170 this year for 2010 taxes.

Here's the official IRS document that explains it:

http://www.irs. gov/pub/irs- drop/n-10- 66.pdf

  A section to note for carry over credits is on  page 3 at the bottom - section 3

1. Amounts Carried Over from Earlier Taxable Years to a Taxable Year Beginning in 2010
An amount of an adoption credit claimed in an earlier taxable year that a taxpayer carries forward to a taxable year beginning in 2010 is allowable as a refundable tax credit. An amount that a taxpayer carries forward to a taxable year beginning in 2010 is not subject to an income limitation in that taxable year.

The following examples illustrate these rules.
Example 1. (i) In 2008, Taxpayer pays $2,000 of QAE to adopt an eligible child who is a citizen of the United States. In 2009, Taxpayer pays an additional $8,000 of QAE and the adoption becomes final. The adoption credit for $10,000 of QAE is allowable in 2009.

(ii) Taxpayer's tax liability for taxable year 2009 is $6,000, and Taxpayer applies $6,000 of the $10,000 credit against Taxpayer's 2009 tax liability. Taxpayer carries forward $4,000 of the credit to 2010.
(iii) In 2010, Taxpayer's tax liability is $3,000. Taxpayer applies $3,000 of the $4,000 carried forward adoption credit against Taxpayer's 2010 tax liability. Taxpayer is entitled to a refund of the remaining credit.

other links:,,id=228301,00.html you feel about CWA this is one of the best posts on this I have read. 

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The content on The Wayfarer:Ethiopian Adoption Resource Blog is for informational purposes only. We are adoptive parents, but we are not professionals. The opinions and suggestions expressed here are not intended to replace professional evaluation or therapy, or to supersede your agency. We assume no responsibility in the decisions that families make for their children and families. There are many links on this blog. We believe these other sites have valuable information, but we do not necessarily share all of the opinions or positions represented by each site, nor have we fully researched every aspect of each link. Please keep this in mind when visiting the links from this page.
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A Links Disclaimer

I post a lot of links. I do so because I feel that the particular page has good information and much to offer. I do not necessarily support all that each site has to say or promote. I trust you to sift the links for information you feel is worthwhile to you. Each person's story and situation are unique and different things will be useful or not useful to each one in different ways. Please use your own discretion when accessing links and information.