To amend the Internal Revenue Code of 1986 to increase the amount of the adoption credit and to establish the in vitro fertilization expenses credit.

House Votes

This bill would change federal tax rules to help families with adoption and fertility treatment costs. It would raise the adoption tax credit and create a new tax credit for in vitro fertilization (IVF) costs.

The IVF credit would let an individual lower their taxes by the amount they paid that year for IVF-related medical care for themselves (or their spouse on a joint return). You can’t “double dip”: if you use these IVF costs for this credit, you can’t also claim them as a separate tax deduction or another credit.

Key points

• Who is affected: People pursuing adoption and individuals or couples paying for IVF treatment.
• What changes: Higher adoption tax credit; new IVF expenses credit equal to qualified IVF costs paid in the year.
• Limits: IVF costs used for this credit can’t also be deducted or used for another credit (“no double benefit”).
• Timing: The provided text does not state when these changes would take effect.