DMarkM1
Expert Alumni

Get your taxes done using TurboTax

I'm not sure about the code 265 reference maybe that is a state code?  For the IRS that code deals with interest deductions. 

 

But IRS code 131 does exclude income from Foster Care Placement agencies.  Also, if the agency is a charitable organization and is able to receive charitable donations you would put your expenses as a charitable donation on your Schedule A.

 

 

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