New York A10574 allows a deduction from personal gross income for adoption-related fees and expenses.
New York A10574 amends the tax law to provide a deduction from personal gross income for fees, costs, and expenses paid or incurred in connection with the adoption of a child. This includes adoption agency fees, medical and legal fees, court costs, and any other related expenses. The deduction applies to all taxable years beginning on or after January 1 in the year the bill becomes law.
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