Are there any tax implications of embryo donation and adoption?
if (!isNS4) {document.write(”);} There is some support for the application of the adoption tax credit to embryo adoption. Some families have applied for the tax credit with regard to the fees paid to their agency for the adoptive home assessment, educational component, and other adoption agency or attorney expenses directly relating to the adoption of the embryos. These may be families who have participated in an embryo adoption program and who have given birth to a child as a result. This information is not intended to be a complete or comprehensive statement of the law in this area. It should therefore, in no way, shape, or manner, be construed or interpreted as providing legal advice. You are advised to conduct your own independent research as to the applicability of the adoption tax credit to embryo adoption or to seek the advice of a tax professional, Certified Public Accountant, or financial adviser.
