November 9, 2024
Taxes and Gestational Surrogacy: A First-Timer’s Guide
If you are considering becoming a gestational surrogate, you may have questions about how to handle your taxes. Most expenses associated with surrogacy are incurred by the intended parents, so you probably won’t have many deductions. The major question to ask is whether or not the compensation you received as a surrogate is taxable income. […]
November 9, 2024
Gestational Surrogacy Compensation and Taxes
As a surrogate, your compensation is not considered a salary or fee for services. The purpose is to balance the scales for the discomfort and expense you experience during your surrogacy journey. It’s important to track all your expenses and the compensation you receive carefully, for tax purposes and so you know you’re being compensated […]
