Tax Credits Assist Few Foster Adoptions ; 80 Percent Go Elsewhere While Children Await Home

Summary


The federal $11,000 adoption tax credit is least likely to be used for foster children although the credit originally was pitched as a way to reduce the number of "waiting" children, says a report released today.

More than 80 percent of the $355 million in adoption tax credits in 2005 went for foreign adoptions and domestic adoptions conducted outside the foster care system, said Rob Geen, a researcher with Child Trends, a nonpartisan research organization.

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Tax Credits Assist Few Foster Adoptions ; 80 Percent Go Elsewhere While Children Await Home

"The original intent of the adoption tax credit was to promote adoption and, specifically, the adoption of U.S. foster child...

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