Carolina Adoption Services believes that every family deserves to make their dream of adoption and that every child deserves to makes their dream of a family come true. We don’t want finances to deter you. We want you to know you can adopt!
Important: A good thing you should consider are the tax credits.
Federal Tax Credit: Currently the federal tax credit offers you a $13,170 deduction from your tax liability. For both the credit and exclusion, qualifying expenses include:
For more information about the Federal Adoption Tax Credit click here.
State Tax Credit: Some states also offer tax benefits if you adopt. Check with your state tax office for more information.
While this is a lot of information, we know that some ideas may appeal to you more than others. Below are links to some of the resources available that we hope will be helpful.