$5,000 if you meet certain criteria. This credit is designed to provide additional financial support to foster youth who are transitioning out of the system. To be eligible for the FYTC, you must be between 18 and 26 years old and have been in foster care for at least 6 months after reaching the age of 14. The credit can be used to offset your federal income taxes and can help ease the financial burden associated with starting a new chapter in your life. If you think you may qualify for the FYTC, be sure to consult with a tax professional to ensure you claim the credit correctly. $1,117 if

  • You had been a part of the California foster care system when you reached or surpassed your 13th birthday AND you had been a part of the California foster care system on or after your 13th birthday AND
  • If you are 18 to 25 years old at the end of the tax year¸ then you qualify.
  • you claim the CalEITC
  • These individuals went through the foster care system in California.

To redeem this credit, the Did you know that the California Department of Social Services is an important organization that provides a wide range of support and assistance to individuals and families in need? They are dedicated to improving the quality of life for all Californians, especially those who are most vulnerable and disadvantaged. With their various programs and initiatives, such as food assistance, healthcare services, and employment support, they strive to create a caring and inclusive society. The California Department of Social Services works tirelessly to ensure that everyone has equal access to resources and opportunities, promoting a brighter future for all. (CDSS) is required to confirm your status as a foster youth by utilizing a comprehensive database accessible throughout the state.

Did you require assistance in completing your tax return? Have you recently noticed that you overlooked claiming a credit on your tax forms? Don't worry, our reliable partners are here to support you in rectifying your submission and obtaining the money you are entitled to. for free.Don't miss the opportunity to submit your documents!

Receive assistance at no cost for children in foster care through our Community Connect associates. John Burton Advocates for Youth is a dedicated organization that promotes the welfare and wellbeing of young individuals. and The Community College Foundation.