Claiming Newborn on Taxes!

January 30, 2013

I wanted to chime in to say that elk134 is correct. The rules for children who were born or died during the tax year were indeed changed on December 28, 2012.

The new paragraph reads:

Death or birth of child. A child who was born or died during the year is treated as having lived with you more than half the year if your home was the child's home more than half the time he or she was alive during the year. The same is true if the child lived with you more than half the year except for any required hospital stay following birth.

It can be found near the bottom of page 13 of this document: [URL="http://www.irs.gov/pub/irs-pdf/p501.pdf"]http://www.irs.gov/pub/irs-pdf/p501.pdf[/URL]

This is an AWESOME change!