Contest details: One lucky baby, born between Dec. 1-31, 2008, will win a United States savings bond worth $5,000 (up to $10,000 upon maturity). To enter the contest and for more information parents or legal guardians can visit http://www.cutesttaxdeduction.com/ and submit a photo of their newest last-minute tax deduction. It’s that easy!
A few tips from TurboTax
Even if you don’t have a baby born at the last-minute, there are still valuable tax savings available for parents.
Any new baby in 2008 could deliver a $1,000 child tax credit. This is a gift that keeps on giving until they turn 17.
Be sure to file a new W-4 form with your employer to claim an additional withholding "allowance which may help boost your take-home pay.
There's also a tax credit, worth as much $11,650 in 2008, to help offset the cost of adopting a child.
To Enter: Let me know about the little tax deduction that you would like to win this for :)
You can gain up to FIVE extra entries by doing any of the following listed below!
YOU MUST LEAVE AN ADDITIONAL COMMENT FOR EACH OF THE FOLLOWING THAT YOU DO TO EARN AN EXTRA ENTRY!!!!!
1. Subscribe via feed reader or email!
2. Post our button on your blog. Grab the code from the box below!
3. Blog about the giveaway with a link back to the giveaway
**This contest will end at Midnight on December 11th!!
***The winner will be picked with the random number generator!!!
****Thanks so much for entering****