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Adoption Tax Credit Delays

April 5th, 2012 by ddavenport

Although we have not confirmed this with the IRS, Creating a Family is hearing that the IRS is sending the majority of returns claiming the adoption tax credit to the correspondence auditors to be reviewed. At that point, they determine which returns will be processed and which will be audited. Last year, according to the Government Accountability Office, 68% of the nearly 100,000 returns claiming adoption tax credits were audited. We have no way to tell what percentage … [visit site to read more]


 
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