The National Foster Parent Association publishes an annual guide for foster, adoptive and kinship parents that explains the ins-and-outs of how in-home care affects your federal taxes.
The Tax Benefits for Foster, Adoptive Parents and Kinship Caregivers resource guide provides you with valuable information worth several thousand dollars or more in tax benefits.
This guide is only available to Individual and Friends of NFPA members (join NFPA now!):
For in-depth adoption credit information, we recommend that you also visit the North American Council on Adoptable Children website.