Legislative News
2007
For 2007, the maximum adoption credit has increased to $11,390. Also, the maximum exclusion from income for benefits under your employer's adoption assistance program has increased to $11,390. These amounts are phased out if your modified adjusted gross income (MAGI) is between $170,820 and $210,820. You cannot claim the credit or exclusion if your MAGI is $210,820 or more.
2008
For 2008, the maximum adoption credit has increased to $11,650. Also, the maximum exclusion from income for benefits under your employer's adoption assistance program has increased to $11,650. These amounts are phased out if your modified adjusted gross income (MAGI) is between $174,730 and $214,730. You cannot claim the credit or exclusion if your MAGI is $214,730 or more.
For more information and forms please see: http://www.irs.gov/taxtopics/tc607.html
Please consult a qualified tax specialist for details about the tax credits.
The premier northwest adoption agency completing the most domestic, infant adoptions in Oregon and Washington.
5200 SW Macadam Avenue,
Suite 250
Portland, Oregon 97239
315 West 10th Ave.
Eugene, OR 97401
200 West Mercer Street,
Suite E-508
Seattle, WA 98119
| Oregon: | ||
|---|---|---|
| Portland, OR: | Phone: (503) 226-4870 | Fax: (503) 226-4891 |
| Eugene, OR: | Phone: (541) 343-4825 | Fax: (541) 431-1241 |
| Medford, OR: | Phone: (541) 608-6134 | Fax: (541) 282-8564 |
| Bend, OR: | Phone: (541) 388-2535 | |
| Salem, OR: | Phone: (503) 540-5832 | |
| Washington: | ||
| Seattle, WA: | Phone: (206) 782-0442 | Fax: (206) 782-0578 |
| Vancouver, WA: | Phone: (360) 254-7236 | |
| Olympia, WA: | Phone: (360) 352-3063 | |
