Sorry I didn't post this week. Tax time around our household is huge nightmare because I do all my freelance work under a separate LLC, and we have a partnership interest in a clinic out of state, so we end up sending in something like 4 or 5 tax returns as well as a big ol' check every April. Which I try to think of as a good thing, because if we are sending in money that means we're making it.
Anyway, to continue in the vein of GlumBunny's census post, the IRS has so many lovely ways to prick at the infertile. The big one is the child deduction, and then you also have tax credits for adoption.
What burned me in particular this year was when we were trying to determine estimated taxes for 2010, and the question came up of whether or not we thought we could get a child deduction for 2010. The timing is pretty nefarious if you think about it. If the cut-off date for the child deduction is a birthday on December 31, then you generally need to conceive (premature births notwithstanding) before the last week of March/first week of April. Which means the 2WW ends squarely around the income tax deadline. Which is kind of what happened to me.
So no child deduction for 2010. Hope 2011 brings a different story.
The Snakebite of Death
2 days ago