1 Comment March 27th, 2009

can you file taxes for being a foster parent?

Foster Parenting
akilahamir asked:


What I am saying is I made about 1300.00/month from children and youth for being a foster parent. Do I have to file taxes?

Edward Newberry
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This entry was posted on Friday, March 27th, 2009 at 1:38 pm and is filed under Foster Parenting. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “can you file taxes for being a foster parent?”

  1. bostonianinmo Says:
    March 27th, 2009 at 1:58 pm

    The stipend you receive is not taxable income.

    If your foster children meet the dependency tests and were placed by the state or a licensed placement service you may claim them as dependents as if they were your own children.