Hello blogostef,
Thank you for joining us today. I see your are expecting a baby in 2023?
Some of the tax benefits your receive for having a dependent are the following
They all have certain requirements you have to meet in order to claim them and income limitations.
The dependent is considered alive for the full year in which is born, weather Jan 1. or Dec. 31.
I have hyper linked each credit for more information on it.
You must have a social security number for each dependent claimed on your return as well.
Here is another helpful TurboTax Article for claiming a new dependent.
Depending on your State of Residence, there may be credits there as well.
Hope this helps! Congratulations!!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
