Friday, February 24, 2012

Adoption Tax Credit Advocacy

February 13, 2012 - 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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Click here for you adoption Tax Credit Advocacy Kit:

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