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Deduction for Providing Foster Care
If you contract with a child-placing agency, as defined in 10 OS Sec. 402, you may deduct $5,000 for expenses incurred providing foster care. Married persons filing separately in a year in which they could have filed a joint return may each claim only $2,500.
There is no restriction on the taxpayers' income. The deduction can be taken once per year.
You file Oklahoma form 511C Adjustments.
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