Decidedly Dependent


» From: El Paso, TX

Dear TaxMama,

I am single with a 6 yr. old and one on the way (delivery date) is 9/12/01. Do I start claiming 2 dependents, or not yet? Do I qualify for the earned/unearned income?

Thank You.

Claudia
Dear Claudia,

Congratulations on your baby.

Sounds like you also have a job, but I don't know how much you earn. So I can't tell you if you qualify for the Earned Income exclusion.

You will be able to take the exemption for both children for 2001, even if your baby is born late in the year.

You can put your information into the W-4 calculator at the Quicken.com site. It's a pretty nifty tool.

Best wishes

Eva Rosenberg
Your TaxMama


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