{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2358.5-1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2358.5-1","heading":"Deduction for fostering children","body":"For taxable years beginning on or after January 1, 2019, there\n\nshall be allowed a deduction for a taxpayer who contracts with a\n\nchild-placing agency, as defined in Section 402 of Title 10 of the\n\nOklahoma Statutes, in the amount of Five Thousand Dollars\n\n($5,000.00) for expenses incurred to provide care for a foster\n\nchild. Provided:\n\n1. In order to qualify, a taxpayer shall have been under\n\ncontract and providing care for at least six (6) months, regardless\n\nof the tax year during which the care occurs;\n\n2. If the time period during which a taxpayer is under contract\n\nand providing care is equal to less than six (6) months of the tax\n\nyear for which the deduction is being claimed, the taxpayer shall\n\nonly claim a monthly pro rata share of the annual Five Thousand\n\nDollars ($5,000.00) deduction; and\n\n3. Any married persons filing separately in a year in which\n\nthey could have filed a joint return may each claim only one-half\n\n(1/2) of the tax deduction that would have been allowed for a joint\n\nreturn.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a07d69ed10e30289f303a3189117418c7e711afdf8fab67def164acd69c359ff","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2358.5","next":"us-ok/okla.-stat.-tit.-68-68-2358.5a"},"notice":"GroundRules: Original legal text. Not legal advice."}