Policy Watch

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posted:5/22/2010
language:English
pages:1
Description: Congress enacted the federal adoption tax credit in 1996 to help families defray adoption costs and to promote the adoption of children in foster care, hi 2001, Congress increased the tax credit from $5,000 to $10,000 per adoption, and raised the phaseout range from $75,000-$! 15,000 of income to $150,000-$ 190,000.
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