One question that we are frequently asked by potential and active surrogates is whether or not they will be expected to pay taxes on their surrogacy compensation.
Chances are, if we’re not being asked this question, it’s because surrogates are compassionate women who don’t choose this journey for financial gain. They often don’t like talking about compensation and are left quietly wondering how this level of increase in their annual income will impact their taxes.
Unfortunately, this will be a short blog. At Family Inceptions, we’re experts in making families. Tax law is not our area of expertise, and that means that we’re not able to give you tax advice.
When it comes to your surrogacy compensation, you should consult a tax professional to learn what your options are, and how best to proceed.