Economic Security

$1,083 Reasons to File Your Taxes: California’s New Foster Youth Tax Credit

Last updated Jan, 30 2023

On this webinar, John Burton Advocates for Youth was joined by the California Franchise Tax Board and the California Department of Social Services (CDSS) to discuss the benefits of tax filing and credits for transition age youth, including the new Foster Youth Tax Credit ($1,083), the California Earned Income Tax Credit, the Young Child Tax Credit, education and renters credits, and more.

The 2022-23 state budget includes more than $21 million in ongoing funding to establish the California Foster Youth Tax Credit, a refundable tax credit that aims to boost the income of and reduce poverty among current and former foster youth.

This webinar marked the release of several resources including a tax filing guide, tax prep checklist, social media toolkit, a roster of specialized tax preparation sites for foster youth, and more, all available at the second link on the righthand side of the page.