What is the Contributions Made to Qualifying Charitable Foster Care Organizations Credit?
You can claim a credit if you made cash contributions to qualifying foster care charitable organizations.
The following table shows the maximum amount of credit you can qualify for:
| Filing Status |
Contributions Made To |
Maximum Amount of Credit |
| Single or Head of Household |
Charitable Foster Care Organization |
$500 |
| Married Filing Jointly or Married Filing Separately* |
Charitable Foster Care Organization |
$1000 |
*If you're filing as
Married Filing Separately but you could have filed as
Married Filing Jointly, you may take only 1/2 of the total credit that you and your spouse would have been allowed to take on a joint return up to $500.
If the allowable credit is more than your tax or if you have no tax, you may carry forward the unused credit for the next 5 years.
This credit is available only to individuals. Corporations may not claim this credit. A partnership may not pass the credit through to its partners. An S corporation may not pass the credit through to its shareholders.