The National Council For Adoption (NCFA), a longtime supporter of the adoption tax credit, joins our 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 maximum allowable tax credit that may be claimed for tax year 2011 is $13,360. The exact maximum allowable tax credit for tax year 2012 is not yet known. The current adoption tax credit is set to sunset on December 31, 2012. If it is allowed to expire, after tax year 2012 the adoption tax credit 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 beginning in tax year 2013.
“Without the adoption tax credit, many families that are willing and hoping to adopt will find themselves unable to afford it. And many families that adopt despite the loss of the tax credit will find it more difficult to provide for their children if they have assumed significant debt in order to adopt,” says Chuck Johnson. “The adoption tax credit must be extended in order to support adoptive parents and help as many children as possible find love and permanency through adoption.”
ACT NOW :: Download NCFA's Adoption Tax Credit Advocacy Kit
This new advocacy kit from NCFA will help you educate policymakers, members of the media, and others on the importance of extending the adoption tax credit to promote permanency for children. The advocacy kit contains a backgrounder on the adoption tax credit, a letter that can be used as a template to email or write to members of Congress, a talking points guide for phone calls with legislators’ offices, a sample newspaper opinion editorial or letter to the editor, and further ways to join NCFA in our advocacy for the adoption tax credit and other important policies. All resources in NCFA’s new Adoption Tax Credit Advocacy Kit can be downloaded from our website, www.adoptioncouncil.org.
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Lauren M. Koch
Director of Development and Communications
National Council For Adoption
225 N. Washington Street
Alexandria, VA 22314
T: 703.299.6633 | F: 703.299.6004
Advocating for adoption because every child deserves a family.