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Do you have to send receipts substantiating a domestic adoption in order to claim the adoption tax credit?
Wiki User
∙ 12y ago
IRS form 8839 is the one submitted for the Adoption Tax Credit. The form, and the instructions can be found at www.irs.gov
Applying for the Adoption Tax Credit can be simple or complicated depending on whether you had adoption assistance from an employer, and other factors. Also there are income limits for eligibility. Consider using a tax preparer for the tax year you submit the form. Below is an excerpt from IRS gov form 8839 instructions:
Qualified Adoption Expenses
Qualified adoption expenses are reasonable and necessary expenses directly related to, and for the principal purpose of, the legal adoption of an eligible child.
Qualified adoption expenses include:
- Adoption fees,
- Attorney fees,
- Court costs,
- Travel expenses (including meals and lodging) while away from home, and
- Re-adoption expenses relating to the adoption of a foreign child.
Qualified adoption expenses do not include expenses:
- For which you received funds under any state, local, or federal program,
- That violate state or federal law,
- For carrying out a surrogate parenting arrangement,
- For the adoption of your spouse's child,
- Paid or reimbursed by your employer or any other person or organization, or
- Allowed as a credit or deduction under any other provision of federal income tax law.
Wiki User
∙ 12y ago
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What if your supervisor asks you to compile the credit card receipts What should you do to the receipts?
Your supervisor asks you to compile the credit card receipts. What should you do to the receipts?
How long should you keep credit card receipts?
Credit card receipts should be kept until you receive your statement and can verify the amount on the statement matches the receipt. If you need receipts for tax purposes then you will need to keep those with your tax information. If you make a big purchase on a credit card, like a dryer or washer, you sould keep those receipts until the warrenty period has expired.
After adoption is there a credit?
There is an adoption tax credit that was raised to $11,390 at the beginning of 2007 that applies to families with an adjusted gross income below $210,820.
Compile the credit card receipts What should you do to the receipts?
You should keep them and match them with what you bought. After they match up you can throw them away if you wish.
What are some things you need to apply for a bad credit loan?
Nobody wants to apply to get bad credit. To get a loan when you have bad credit, this will depend on your bank. You will probably need things such as rental receipts and bill receipts to show that you have paid bills on time.
Compile the credit card receipts means?
It means to gather them all together.
Adoption Credit?
You may be able to take a tax credit for qualifying expenses paid to adopt an eligible child. The credit generally is allowed for the year following the year in which the expenses are paid.Click here to fill out the Adoption Creditform
Do merchant credit card receipts have customer's names on them?
It does put the customer's name that is listed on the credit card but does not provide the entire cc#.
For 2009 what was the maximum adoption credit amount per child?
$3,650
What does credit card receipts mean?
When you make a purchase using your credit card, the cashier will let you sign a piece of paper reflecting the transaction. A copy will be given to you, which is called the credit card receipt.
What are some ways for protecting against credit card fraud?
Someone can prevent credit card fraud by not giving the card number out to unknown sources, not signing blank receipts, keeping receipts to check against the monthly statements, and taking prompt action if there is a questionable charge on the card.
5 examples of Source Of Documents?
here are some examples of source documents:- credit card receipts- cash receipts- time cards- cash register tapes- customer invoices- supplier invoices
