Want this question answered?
There are some major tax breaks for adoption fess. The money comes off the income and taxes are not paid on it. Some companies also provide subsidies for adoption.
YES
Less
No. The tax deduction will be on your federal income taxes instead.
income taxes ? no insurance payments are exempt
No you are not supposed to claim if you are in arrears.
no
Either
My child was in the Job Corps last year, can I still claim him on my federal income taxes as a dependant?
Yes, if you are required to purchase uniforms to wear for your job, such as scrubs, there is a deduction you can claim on your income tax forms.
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No, Allas.