Day 14: Thankful for the Adoption Tax Credit

Today I’m thankful for you! Thankful that you are all so supportive during our journey to adopt again! Please take a moment and help encourage our government to extend the tax credit!!!

MYTH: Renewing the adoption tax credit will cost taxpayers a lot of money. 

FACT: NOT renewing the adoption tax credit will cost taxpayers a lot of money. A 2006 study, cited by the Children’s Bureau, found that “approximately $65,422 to $126,825 is saved for every child who is adopted rather than placed in long-term foster care.” The adoption tax credit for 2012 is only $12,650 and encourages families to adopt. As a taxpayer would you rather pay $12,650 or a whopping $126,825 per child?

Please call your Congressmen and ask that they support the renewal of the adoption tax credit that is set to expire the end of this year. Ask your friends and family to do the same. You can’t afford to let this tax credit expire!

https://petitions.whitehouse.gov/petition/support-hr-4373-and-s-3616-help-make-adoption-affordable-keep-tax-credit-and-make-it-refundable/GknZZR2H

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