Up to $5,000 ($6,000 for a child with special needs) in eligible adoption expenses is reimbursable to full-time Faculty (Code 102), Administrative and Professional Staff (Code 100), and Professional Research Staff (Code 103). If an employee and his/her spouse or domestic partner both work at NYU, the two together are eligible to be reimbursed up to a maximum of $5,000 per adoption. In the case of the simultaneous adoption of two eligible children, the maximum reimbursement will be $10,000 for all combined "qualified adoption expenses."
To be considered, the applicant must have:
- Adopted a child who is under the age of 18 and is not be the child of the employee's spouse or domestic partner.
- "Qualified expenses" related to the adoption of a child incurred on or after the employee's first day of NYU employment.
- Completed and submitted the reimbursement form within six (6) months of placement of the eligible child in the employee's home.
For an application and more details about the Adoption Assistance Program, including a statement of "qualified adoption expenses," see the Adoption Assistance program brochure. Submit questions and your completed application to NYU Human Resources-LiveSmart Program at email@example.com.
Internal Revenue Service (IRS) Tax Program
Individuals who adopt children internationally and domestically are eligible for income exclusion for financial assistance paid for or reimbursed by an employer for qualifying adoption expenses. Tax credits for expenses are also available. Income limits apply for both. For more information, read about IRS Adoption Credit or talk with your tax accountant.