Birth of a child and your taxes

Birth of a child and your taxes

The birth of a child is not just a blessed event, it's the beginning of a whole new set of tax breaks for your family. Learn how the newest addition to your family can help trim your tax bill, and how to save for your child's future in the most tax-efficient manner.

Get a social security number

Your key to tax benefits is a Social Security number. You'll need one to claim your child as a dependent on your tax return. Failing to report the number for each...

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