Representative John Lewis from Georgia introduced a bill to the U.S House of Representatives for reimbursing out-of-pocket expenses for infertility medical treatment.
San Diego tax preparation experts make their clients aware of the many tax reimbursement available to individual tax filers and families. The infertility tax credit under what would be known as the “Family Act of 2011” if passed would be yet another tax credit for families or couples wanting to start a family.
Co-sponsors of this bill include Rosa L. DeLauro of Connecticut, William Keating of Massachusetts, and Richard E. Neal of Massachusetts as well. The Family Act of 2011 is intended to be applicable to in vitro fertilization related expenditures. The bill also applies to treatments that preserve fertility for cancer patients, as radiation from chemotherapy can permanently damage a woman’s follicles and turn a woman infertile earlier than expected in life.
Fertility treatments are rarely covered by insurance and can be pricey, making the ability to have a family available to only those that can afford the high costs. In a press release from United Business Media, Rep. Lewis is reported to believe that access to quality healthcare is a fundamental right. The bill would grant access to fertility treatments to many people that once thought it was out of their budget.
To learn more about applying for tax credits visit the Depauw Johnson tax preparation Encinitas webpage.
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