Help make Adoption Affordable
The average cost to adopt a child is any where from $25k- $35k or more. Currently, for the 2012 the Tax Credit is:
• A maximum of $12,360 for 2012 returns only
The 2012 Tax Credit is not refundable for adoptions initiated after 2011, which means a large number of families may not be able to get any of the $25k- $35k back and possibly prevent people from adopting a child at all.
In 2013 it will revert back to a maximum tax credit of $6,000 for parents adopting children with special needs, and there will be no adoption tax credit available for all other adoptive parents.
We are petitioning to make the adoption tax credit permanent and refundable, so that more money is available to families allowing them provide a financially stable home to the adopted child.
Currently, there are two bills HR 4373 and S3616 that this petition is supporting.
For more information visit: http://adoptiontaxcredit.org/