Missouri Representative Doug Richey proposes to extend the tax break for dependents to parents who are expecting a child.
Missouri Representative Doug Richey proposes to extend the tax break for dependents to parents who are expecting a child.
Tax Relief For Expecting Parents
Missouri Representative Doug Richey in his amended tax relief legislation allows the state’s existing tax deduction for dependents to also apply to pre-born children. The Missouri law includes taxpayers that would allow the $ 1,200 tax deduction per child to apply to pregnancies. Richey’s HB 457 would allow parents to also deduct $1,200 for each pre-born child.
Moreover, the bill states that the pregnancy would need to be confirmed by a physician to qualify for the deduction.
Pregnancy Resource Center Tax Credit
Missouri taxpayers who contribute to a qualified pregnancy resource center will:
- Support fund services for women with unplanned or crisis pregnancies.
- Will earn a state tax credit.
The pregnancy resource center is a tax-free, non-residential facility based in Missouri. These centers help women with unplanned or crisis pregnancies to encourage women by bringing their pregnancies to term by offering pregnancy testing and counseling with emotional and material aid.
- Pregnancy resource centers give cost-free, direct client services at the facility, as opposed to merely providing counseling or referral services via telephone.
- They do not perform childbirths or induce even refer women to abort a child.
- All medical services are equipped by Missouri statute.
Here is a list of qualified resource centers for the current state fiscal year which found here.
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