Vanessa A
Expert Alumni

Get your taxes done using TurboTax

Not really anything special, but a few things to watch as you walk through TurboTax.

 

Be sure that when you enter your baby's information you mark that they have lived with you for the whole year, not just from the month they were born.  This will ensure you get all the tax breaks you are eligible for when you have a qualifying child. 

 

If you are married filing a joint return, unless you had a lot of medical expenses, your home purchase will probably not affect your taxes very much.  The standard deduction for a married couple filing a joint return is $25,100.  This means, your mortgage interest, property taxes and other itemized expenses would need to be greater than that in order to have an affect on your return. 

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