Adoption Tax Credit

Adoption Tax Credit

Help Extend the Adoption Tax Credit

Everyone get your kit to help extend the adoption tax credit. Grassroots Advocacy Kit on the Adoption Tax Credit Now Available from NCFA. adoptioncouncil.org The National Council For Adoption (NCFA), a longtime supporter of the adoption tax credit, joins fellow adoption and child welfare advocates in calling for the extension of the adoption tax credit for families adopting children via foster care, intercountry, or domestic infant adoption. Since the adoption tax credit was first established in 1997, it has helped lessen the financial burden of adoption for thousands of income-qualifying American families that might not otherwise have been able to adopt. The current maximum allowable adoption tax credit of $13,360 for all adoptive families is set to sunset on December 31, 2012. Unless Congress acts to extend or make permanent the adoption tax credit, it will revert at this time to a maximum of $6,000 for parents adopting children with special needs. No tax credit will be available to other adoptive parents.
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