09/02/2026
👶🏽 TAX TIP FOR NEW PARENTS!
If your baby is born anytime in December 2026, you may be able to claim the baby on your 2026 tax return filed in 2027—even if the baby is born on December 31! 🍼
For tax purposes, a baby born alive during the year is generally treated as having lived with the parent for the entire year.
Depending on your income and eligibility, claiming your baby may qualify you for certain tax benefits, including:
💰 Child Tax Credit
💰 Earned Income Tax Credit
💰 Head of Household filing status
💰 Child and Dependent Care Credit, if applicable
📌 Important: Apply for the baby’s Social Security number as soon as possible. You’ll generally need it to claim the baby and receive child-related tax benefits.
Every family’s situation is different, especially when the parents are unmarried or living separately. Make sure the correct parent claims the child!
J’s Top Dollar Professional Tax Service
Tax education today can prevent tax problems tomorrow! 💚💛