June 18th, 2009
Posted By:

Cost is a huge factor in adoption. Many people do not even look into the adoption process because of the common belief that only the wealthy can adopt. The Adoption Tax Credit the U.S. Government offers is an amazing resource that can really make adoption a reality for many families. Personally, I don’t think we could have adopted our two girls without knowing that we would get a lot of the money back. As much as we wanted to adopt, we didn’t want to morgage the next ten years of our lives either.

For those of you new to the adoption scene. The Adoption Tax Credit is currently at $12,150 per adoption. This is a TAX CREDIT, not a deduction, that you can claim up to five years. For example if you adopted a child in 2009, and pay $5,000 in taxes that year, you will get all $5,000 back with your return (make sure your tax help is familiar with this and keep your reciepts!) The following four years you can continue to claim the credit up to the $12,150. If you adopt siblings, you get that back PER CHILD. This makes adoption much more affordable for us middle income level folks.

advertisement

The Adoption Tax Credit is set to expire in December 2010. There is currently a bill in Congress (The Adoption Tax Relief Guarantee Act of 2009, H.R. 213) to extend this credit PERMANENTLY. This would be huge for the adoption community and for children everywhere.

To fing your local representative check out: Writerep.house.gov. Let everyone you know about this and ask them to support adoptive families and children who need homes!

AdoptionBlogs is looking for a few good writers! We’re seeking bloggers for multiple topics. Send an email to editor@adoptionblogs.com that includes the topics you’d like to write about and a bit about your writing experience.

Photo Credit

11 Responses to “Future Adoptive Families Need Our Help”

  1. meddy1987 says:

    My name is Medina Am 3 months pregnant.i cant afford to raise a child becose am unemployed and my elder sister is the one taking care of me here in london(UK) i dont have my own place to stay and dont have anything that is mine.am 22years old and i tried to go for abortion, but i have being having series of nightmare about it. i cant handle this i want a career and an education.i wear girdle so it dont show that i am pregnant.i cant bear to give birth to a baby and throw it away as some girls do. my conscience will never forgive me. please if you wish to adopt this baby, please contact me on medinaosayomwanbo@yahoo.com my mobile number is +44-702-402-9378. may the almighty God richly bless you. Amen

    Medina

  2. meddy1987 says:

    My name is Medina Am 3 months pregnant.i cant afford to raise a child becose am unemployed and my elder sister is the one taking care of me here in london(UK) i dont have my own place to stay and dont have anything that is mine.am 22years old and i tried to go for abortion, but i have being having series of nightmare about it. i cant handle this i want a career and an education.i wear girdle so it dont show that i am pregnant.i cant bear to give birth to a baby and throw it away as some girls do. my conscience will never forgive me. please if you wish to adopt this baby, please contact me on medinaosayomwanbo@yahoo.com my mobile number is +44-702-402-9378. may the almighty God richly bless you. Amen

    Medina

  3. Garcinia Total side effects…

    Future Adoptive Families Need Our Help – International Adoption…

  4. mvurl.com says:

    mvurl.com…

    Future Adoptive Families Need Our Help – International Adoption…

  5. click here to find out more…

    Future Adoptive Families Need Our Help – International Adoption…

  6. click for more…

    Future Adoptive Families Need Our Help – International Adoption…

  7. Click Webpage…

    Future Adoptive Families Need Our Help – International Adoption…

  8. shrinkurl.us says:

    shrinkurl.us…

    Future Adoptive Families Need Our Help – International Adoption…

  9. special info says:

    special info…

    Future Adoptive Families Need Our Help – International Adoption…

  10. Double Direction Thrust Ball Bearings…

    Future Adoptive Families Need Our Help – International Adoption…

  11. personal injury facts…

    Future Adoptive Families Need Our Help – International Adoption…

Leave a Reply

You must be logged in to post a comment.