Each year, Adoptive Families polls newly formed families across the country to get actual information on the cost and length of time it took those families to complete their adoptions. We are grateful to every one of you who took our most recent Cost & Timing of Adoption Survey.
You saved and scrimped for your adoption. Now, you’re raising a child on one income.
I found that I couldn’t exclude my adoption reimbursement from my income on my taxes because my employer’s program is not “qualified.” Do I have any recourse?
All adoptions, wherever from and via whatever method, include a home study, the process where a social worker checks that you are eligible to adopt. After that, budget items vary.
There are enough sources of financial support for adoption so that you can, in all likelihood, get your costs down to a manageable figure.
As a general rule, foster-care adoptions are the least expensive; international adoptions are more expensive but generally predictable; private, infant adoptions range widely, depending on many factors.
There’s no way around it — expanding your family is expensive. Can the federal adoption tax credit help?
View the replay of the webinar “Adoption Costs,” with Denise M. Bierly, Esq., and Sue Orban to learn about domestic, foster, and international adoption costs and funding strategies.
Efforts are underway to make the adoption tax credit refundable, and available to lower income families with the 2015 Adoption Tax Credit Refundability Act.
Every year more American families include a child adopted from another part of the world.
We asked our reader panel: How did you finance your adoption? Share any cost-cutting or creative financing strategies with other readers.
The annual number of infants adopted domestically (excluding foster and relative adoption) is estimated to be around 18,000 — far greater than the annual number of international adoptions. Moreover, the process of adopting a newborn in the United States can go more swiftly than you may imagine.
Failed adoptions can be both emotionally and financially taxing. Here’s what you need to know about claiming tax credit for a failed adoption.
Thinking about adopting from China? Check out this sample budget to get an idea of the cost.
How much does Ethiopia adoption cost? Read on for average expenses, broken down by category.
The cost of adoption varies, but usually falls within a certain range.
When deciding on domestic agency adoption, parents need to understand the potential costs. Use this breakdown to fully grasp how expenses pan out.
For an overview of the average cost of a U.S. foster adoption, see the categories below. Don’t forget that the cost of adoption will be offset by the federal adoption tax credit (unless your income exceeds federal limitations) so make sure to keep detailed records of fees and payments during your adoption process.
The government of China has decided to ease its longstanding one-child policy, in response to declining birth rates and human rights interests.
Each year, Adoptive Families polls newly formed adoptive families across the country. Here are the average expenses and timelines reported by families who completed international or domestic adoptions in 2013 or 2014.