Chinese Children Adoption International
Adoption ProgramCultural CenterCharity OutreachBranch OfficesAbout UsContact UsHome
 
 
 
 

$10,630 Federal Adoption Tax Credit

 

Through the Hope for Children Act, the U.S. Treasury Department allows a $10,630 per adopted child income tax credit towards qualified adoption expenses. The tax credit is an amount you subtract from your tax liability for adoption expenses, including “reasonable and necessary adoption fees” and travel expenses, etc. Income limits do apply, and the credit may not be more than your total tax liability minus other credits, but the credit may be carried forward over the next five years. Check with your tax advisor regarding your eligibility.

Please click here to access IRS Adoption Tax Credit information.

Employer Adoption Benefits

Many companies offer adoption benefits to their employees, which may range from financial assistance to parental leave. Some employers will help with costs by reimbursing adoption expenses with a cash benefit of up to several thousand dollars. Check your employer to see what adoption assistance may be available.

CCAI’s Discount for Returning Families

More than 40% of CCAI families return for a second China adoption! To show our appreciation and support, CCAI offers substantial discounts on agency fees for returning CCAI families. Click here for more information.

Life International

Life International encourages Christian couples to adopt a child by relieving some of the financial burden of international and domestic adoption. They provide Adoption Matching Grants from $1k-$4k per child, and also offer Interest-Free Loans. You can visit their website at www.lifeintl.org , or email at info@lifeintl.org , or phone 309.747.3556

Other Financial Aid Information

Please click here to download detailed information.

 
© Copyright 2008. www.chinesechildren.org. All Rights Reserved.