Monday, December 8, 2008

Giveaway: "Cutest Last-Minute Tax Deduction"

The end of 2008 is approaching. For those of you who are due with a baby in December, it may mean a chance of having an additional "last minute" tax deduction...if their baby is born in December (and not in January - like my first son)! Speaking of taxes, I do my taxes on my own, using Turbo Tax, so when I was asked to let you all know about a contest that they were having, I was happy to do that...especially since I also have some giveaways available for you!

Turbo Tax is kicking off their second annual nationwide search for America's Cutest Last-Minute Tax Deduction. The winner will receive a United States savings bond worth $5,000 (up to $10,000 upon maturity).

In order to be eligible for the contest, the parent or guardian would need to:

1. Have your baby born between Dec. 1-31, 2008
2. Enter the contest and submit a photo of your newest "last-minute" tax deduction at http://www.cutesttaxdeduction.com/

Baby Owen was the winner last year, and you can check him out in the following video:





Now, for the GIVEAWAY! This is open to anyone who had a baby or knows a baby that was born in 2008 and would like to share this little "present" with them! Here is a photo of the romper/onesie that I have to giveaway:



Turbo Tax has given me FIVE of these rompers/onesies to giveaway. The size of the onesie is six months, so if your baby will fit into this now (or in the future) you are eligible to receive one of these!

To enter this giveaway:

1. Leave a comment on this post.
2. Be sure that you have left a way for me to contact you - either through your blog or email

This contest will be open until December 31st, 2008 at 11:59 EST

The winners will be announced on January 1st (or really soon after that! My son's birthday is the 2nd!)

Here are a few other interesting tax tips for you:

1. 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.
2. 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.
3. There's also a tax credit, worth as much $11,650 in 2008, to help offset the cost of adopting a child.

8 comments:

The Gang's All Here! said...

Thanks for including the adoption tip. There's so many questions surrounding that particular issue for us adoptive parents, and I'm trying to talk the Boss into having someone help us this year, to maximize the credit.

Incidentally, I emailed TT to inquire about cute tax deductions born in a different year, but adopted in '08 - seems a tad limited in the scope of the contest from the perspective of adoptive parents. . .

Anonymous said...

My accountant husband would love this for our little baby that will be born in the next few weeks!
julruff@yahoo.com

Ejoey01 said...

My daughter was born Dec 30th 2006...lol so she was a tax deduction and I'm due around the same time with baby #4 this year. Thanks for the tax tips!

Sarah
Ejoey01@aol.com

Anonymous said...

What a great give away! I wish I would have known about the contest last year; my daughter was born on the 10th of 2007. opps! Oh, well. My friend just had a baby on the 1st so I will give her this onesie if I won. I also told her to enter the contest. Thanks!
thegood3 at gmail dot com

rebekahdawn said...

Too cute! Our second is due the first of March.
Rebekah
rebekahdawn_ak@yahoo.com

Morgan said...

We had our cute little tax deduction this July. She will be just old enough to wear this (if I win). Thanks for the giveaway.

morprussell "at" ya hoo dot com

maria said...

This is a perfect gift for my sister's tax deduction (my godchild!). Thanks for the giveaway!

Mary said...

What a great giveaway!! My dh is also does taxes :-)
mary@the-edwardsfamily.com