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US: Pandemic Assistance Won’t Count Against Foster Youth This Tax Season (Requires subscription)

March 30, 2022 by NJ ARCH Editor

US: Pandemic Assistance Won’t Count Against Foster Youth This Tax Season (Requires subscription)
Imprint – March 24, 2022
Current and former foster youth will not have to pay federal income tax on coronavirus pandemic assistance payments, the Internal Revenue Service made clear in a letter to a leading legislator on child welfare issues. In late 2020, one of the coronavirus pandemic assistance bills signed into law by former President Donald Trump included $400 million to help young adults up between age 18 and 27 who experienced foster care. The funds were distributed to states through the John H. Chafee Foster Care for Successful Transition to Adulthood, and one option for the money was to provide direct cash assistance to people in the eligible age range.
https://imprintnews.org/youth-services-insider/pandemic-relief-wont-count-against-foster-youth-this-tax-season/63756

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