New York S01853 provides a tax deduction for fertility preservation services up to $1,000.

New York S01853 amends the state tax law to allow a deduction for the cost of fertility preservation services, up to $1,000, to the extent these costs are included in federal adjusted gross income. This deduction applies to taxable years beginning on or after January 1, 2025. For the purposes of this bill, "fertility preservation services" include the collection, freezing, and storing of ova.

New York S01853 provides a tax deduction for fertility preservation services up to $1,000.

New York S01853 amends the state tax law to allow a deduction for the cost of fertility preservation services, up to $1,000, to the extent these costs are included in federal adjusted gross income. This deduction applies to taxable years beginning on or after January 1, 2025. For the purposes of this bill, "fertility preservation services" include the collection, freezing, and storing of ova.