How does having a child in 2013 impact the 2012 tax year?
Colorado AR-15 Shooters Club Discussion Forums
Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
How does having a child in 2013 impact the 2012 tax year?
Liberals never met a slippery slope they didn't grease.
-Me
I wish technology solved people issues. It seems to just reveal them.
-Also Me
What GMan means to say is that 2012 Tax Return only pertains to the events that happened in 2012 with very limited exceptions (such as being allowed to make retirement contributions in january that effect the previous year). Your child being born in march will only affect your 2013 tax return.Originally Posted by Gman
The vast majority of cases I have seen show that MFJ is a much better outcome than MFS, unless the income is completely skewed towards the Taxpayer or Spouse, and even then MFJ might still turn out to be the better scenario.
Valid point. I need to go to bed...
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Posting Permissions
Reply With Quote