Pregnancy Counseling – Legislation

2013 LEGISLATION MAKES ADOPTION TAX CREDIT PERMANENT!

LATEST NEWS
The legislation to avert the fiscal cliff made the Adoption Tax Credit permanent, however, the credit was not made refundable for 2012, or future years.

The credit decreases for taxpayers with a modified adjusted gross income of $194,580, and goes away completely at around $234,580.

The maximum amount of the adoption credit for 2013 is $12,970 / per child.

While the tax credit does not have a specific expiration date, Congress can still make changes to the credit in future legislation.

Always be sure to check the maximum exclusion for the current tax year on the Adoption Tax Credit website, and read Instructions for Form 8839 for more information.

THANK YOU!

EFFORTS CONTINUE
We thank all of you for your help in ensuring that Congress continues to be aware of the importance of the Adoption Tax Credit in creating and supporting adoptive families.

Since the credit was not made refundable for 2012 or future years, the advocacy efforts will continue.