Wednesday, June 6, 2012

Latest Averages for Adoptions


Average Adoption Costs:

The information below was taken from a survey by Adoptive Families.  You can see the entire survey and a comparison with past years by CLICKING HERE.


China
Ethiopia
Russia
South Korea
Ukraine
Homestudy Fee 
$2,052
$2,107
$1,923
$2,178
$1,886
Document Preparation & Authentication
$2,214
$1,769
$3,258
$1,472
$1,272
Adoption Agency Application & Program Fees
$7,652
$11,988
$22,173
$16,675
$6,143
In-Country Adoption Expenses 
$5,581
$1,979
$6,709
$9,007
$13,946
Child's Passport, Visa, Medical Exam, and Other Fees
$716
$837
$1,431
$888
$1,021
Post-Adoption Expenses
$1,576
$1,150
$1,684
$1,775
$767
Major Travel Expenses
$7,181
$7,852
$14,748
$5,577
$9,614
In-Country Travel Expenses
$2,704
$1,080
$6,709
$583
$2,386
All Other Expenses
$2,125
$5,363
$7,569
$8,533
$5,000
TOTAL**
$31,801
$34,125
$66,204
$46,688
$42,035

**If you adopted a child in 2012, you may be eligible for an adoption tax credit of up to $12,650 for each child you adopted in 2012. The tax credit can be used to reduce the amount you owe in federal income taxes.

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