If a child has been in your home for more than 6 mos during 2007, it is my understanding that you can use them as a deduction. If it is less than six months you can itemize what you spend on them. You may also be eligible for an earned income tax credit.
This is a head's up. Please consult a tax preparer for more info. Make sure your tax preparer allows you to use the child. Sometimes with foster care, even they don't know. Make them look it up! that is what you pay them for!
Carla
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