Family building has evolved over time, providing families of various structures to have children through many different avenues. When couples or individuals are unable to build their families naturally, they quite often consider assisted reproductive technologies (ART). Perhaps due to a primal instinct, most people prefer to have children who carry their DNA. However, this is not always possible. Egg donation is an alternative way to build families, when people are unable to do it naturally, or if ARTs have not been successful. There are financial costs that are involved in egg donation for the testing, medical treatments and legal fees. As well, the egg donor gets some financial compensation for the role they play. So let us discuss how egg donation compensation is classified, if medical expenses for egg donation are deductible, and how to go about filing taxes with regard to egg donation.
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