Fostering Voices Podcast

Tax season is officially upon us, and so we decided to have the best tax preparer in all the land join us for an interview. We are thankful that Wes Watson (who happens to be Chris' dad) was able to make time for us, so he could share everything related to taxes for foster and adoptive families. In this episode we talked about: The Keymaster from Ghost Busters. This is what happens when Chris has someone else to talk about obscure movies with. We also talked about how if you have had a child in your care for more than 6 months, you are able to claim them as a dependent on your tax return.  It can be VERY annoying trying to get your foster child's Social Security Number, so start asking your case worker NOW so that you have it before April 15th! If a child was born after June, and wasn't officially in your home for more than 6 months, BUT was in your care for most of their life, you still get to claim that infant. There are changes to many tax laws. The new federal standard deduction for a couple is $24k. HOWE