For Mr. Bill Brown & Adam Kerman (Re My Previous Post On SSN And Filing); New Questions, Please

Hello,

Thanks for the previous replies to my Post where I was wondering how my son and daughter in law should handle not having a SSN for their adopted child (last year adoption).

Thought it best to start a new Post.

None of us are very sharp with this, so we really appreciate the help.

a. Re the EIC:

Surprised to see that you mentioned this. I always thought that for the EIC Credit you actually had to have (some) earned income.

So, how would this apply to a 1 year old ? Obviously he hasn't earned anything yet (the slacker !)? What am I missing here ?

b. Re The "big" approx $ 13,200 Adoption Tax Credit. Am I understanding you correctly that for a normal adopted baby, without any problems, this would not apply ?

I thought that every adoption is allowed this (or up to this amount depending on what was spent for the adoption) ? That there needn't be any medical "problems" involved. Again, am I missing something ?

Thanks for all the help, Bob

Reply to
Robert11
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The EIC is claimed by the parents, not the child, but having one child makes it more likely that you can get EITC. See

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0513,00.html. If MJFwith no kids, you get EITC if your earned income is 18,740 or less,along with the other conditions. The maximum EITC is $464. But withone kid the maximum income jumps to $41,132 (so if both you make thisamount or less then you get the EITC), and the maximum value of thecredit is $3,094.

If you adopt a special needs child, and authorities have to state this formally, then you get a credit of $13,200 even if the adoption cost less. But with a normal adoption, you get the smaller of your actual expenses and $13,200.

Reply to
removeps-groups

removeps has it both correct and complete. My apologies for not making my response clear.

Reply to
Bill Brown

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