2006-12-21 02:41:08 · 18 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Yes. So, if you're due around new year, cross your fingers for a December baby!
2006-12-21 02:42:28 · answer #1 · answered by alighier 3 · 0⤊ 0⤋
Yes, the child needs to be born before midnight on December 31 to be claimed for the year.
2006-12-21 02:50:57 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Yes. To claim a child you must have the social security number and you can't get that until after the child is born,
2006-12-21 02:43:22 · answer #3 · answered by mrslititia 5 · 1⤊ 0⤋
Yes. Once the child is born, you must apply for a Social Security card for him or her in order to claim them.
2006-12-21 02:43:30 · answer #4 · answered by Tweet 5 · 1⤊ 1⤋
Yes because you have to put your child's social security number down on the form. If the child is not born than you have no ss# to put down.
2006-12-21 02:50:24 · answer #5 · answered by butterflykisses427 5 · 0⤊ 0⤋
Yes, because you actually have to have a ssn for the child in in order to claim the child.
2006-12-21 02:50:25 · answer #6 · answered by LOLO W 3 · 0⤊ 0⤋
Yes, so schedule that C-Section for Dec. 31st. Otherwise, if you have the "New Years Baby" you'll actually get stuck paying taxes on all the freebies you receive.
2006-12-21 02:43:39 · answer #7 · answered by deerslyr_71 3 · 1⤊ 0⤋
Yes because then anyone could say they were pregnant, get the tax break and then say they lost the baby
2006-12-21 02:48:46 · answer #8 · answered by GD-Fan 6 · 0⤊ 0⤋
Yes, and they must have a social security number also. If this wasn't true, then we could all have hundreds of little tax exemptions.
2006-12-21 02:44:51 · answer #9 · answered by Firespider 7 · 0⤊ 0⤋
Yes-the IRS won't even consider a tax break on someone unless they have a legal birthdate!
2006-12-21 02:50:46 · answer #10 · answered by dodlydink 4 · 0⤊ 0⤋