IVF for Families Act

IVF for Families Act

This bill establishes a nonrefundable tax credit of up to $15,000 for qualified
fertility treatment expenses paid or incurred during the tax year.

Expenses that qualify for the tax credit include any amounts paid or incurred
for procedures intended to facilitate pregnancy, including those that involve
the handling of human egg, sperm, or embryo outside of the body (e.g., in vitro
fertilization), and those that do not involve the handling of human egg, sperm,
or embryo outside of the body (e.g., ovulation induction).

The tax credit may not be claimed for any fertility treatment expenses that were
reimbursed by insurance or that are used to claim another tax credit or
deduction.

Taxpayers who are married at the end of the tax year must file a joint return to
claim the tax credit. The requirement to file a joint return does not apply to
individuals legally separated, divorced, and some married individuals living
apart.