Clients adopted 2 special needs children in 2005. They still receive some sub.payments. Right now I don't know exactly where from but they were told it is not taxable.
It doesn't make much sense to me that they still receive payments after adoption is final. Do the same rules apply as for foster kids? Anyone has experience with this?
I will meet them tomorrow but wanted to have some info and couldn't find any in TTB or IRS website.
It doesn't make much sense to me that they still receive payments after adoption is final. Do the same rules apply as for foster kids? Anyone has experience with this?
I will meet them tomorrow but wanted to have some info and couldn't find any in TTB or IRS website.