Number: RL33633
Title: Tax Benefits for Families: Adoption
Authors: Christine Scott, Domestic Social Policy Division 
Abstract: In the 110th Congress, legislation has been introduced (H.R. 273, H.R. 471, S. 561, and S. 3079) that would repeal the EGTRRA sunset provision as it relates to the adoption tax provisions. H.R. 1074, H.R. 3192, and S. 2407, would increase the maximum qualified expenses from $10,000 to $15,000 (with an inflation adjustment) and make the adoption tax credit refundable. H.R. 4313 would provide an additional $2,000 of tax credit for adopting an older child. This report outlines the tax benefits for adoption, examines the associated policy issues, and provides a legislative history of the tax provisions for adoption.
Pages: 16
Date: September 17, 2008