Tax Benefits of Being a Parent

MoneyAllison Einbinder of Queercents has written an informative post on the tax benefits of being a parent. Did you know that if you finalized an adoption in 2006, you may be eligible for an adoption credit of $10,960 for the 2006 tax year? Or that you can deduct expenses such as temporary storage of both eggs and sperm? It almost makes up for the cost of all those diapers and gallons of milk and soccer cleats. Read Allison’s post for the details.

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