Do you have a credit for foster care expenses?

2013nique — Tue, 04 Jun 2019 20:38:37 GMT

There is no credit that is for a foster child, unless the...

KatherineC — Tue, 28 Apr 2020 18:01:05 GMT

There is no credit that is for a foster child, unless the foster child qualifies as your dependent. If the child is your dependent, you may be able to claim the same credits you would be eligible to claim for a biological or adopted child.

Please go to the link below for information about the Child Tax Credit:

https://turbotax.intuit.com/tax-tools/tax-tips/Family/7-Requirements-for-the-Child-Tax-Credit/INF15610.html

Even if you can’t claim your foster child as a dependent, you may be able to deduct unreimbursed expenses (expenses in excess of the foster care payments you receive.)

topic Do you have a credit for foster care expenses? in Deductions & credits

Do you have a credit for foster care expenses?

There is no credit that is for a foster child, unless the...