New York A05163 allows a tax deduction for adoption expenses related to children in the foster care system.
New York A05163 amends the state tax law to allow a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system. This includes adoption fees, medical and legal fees, court costs, and other related expenses. The amendment applies to all taxable years beginning on or after January 1 of the year the bill becomes law.
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