Questions & Answers

What is the Foster Care Deduction?

Code: 102

Foster parents may claim a deduction of $1,000 for each child residing in their home under permanent foster care, as defined in the Code of Virginia, providing they claim the foster child as a dependent on their federal and Virginia income tax returns.

Part-Year residents must prorate the foster care deduction with the Ratio Schedule for Prorating Personal Exemptions .

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