Financial Help for Adoption
There are various forms of financial help available for international child adoption if you know where to look.
Tax credit financial help for international adoption. You may be able to take a tax credit of up to approxiatmely $12,000 for qualifying expenses paid to adopt an eligible child (including a child with special needs). The adoption credit is an amount subtracted from your tax liability.
Employer assistance help for international adoption is being provided by an ever growing number of employers. In a 1990 survey only 12 percent of employers surveyed offered some kind of adoption benefits; by 1995 the proportion had climbed to 23 percent. Employer-sponsored adoption benefits take many forms. This site will help you be more informed.
Special needs child financial help for international adoption. Children with special needs may qualify for adoption assistance which is paid to adoptive families to help them defray expenses related to their child's need for ongoing therapies or treatment.
More financial help for international adoption will provide you with resources and information not available on the other pages of this section such as organizations that offer grants and loans to assist adopting families.