Today's tax question comes from T. Smith in Oregon. She asks:
"If a baby is born during the tax year but is not 6 mo old at the end of the tax year, can they still be claimed as a dependant? What is the latest they can be born in the year in order to be a qualifying dependant?"
You can definitely claim your baby as a dependent
even if the child was born on the last day of the year. In Publication 501
, the IRS explains, "A child who was born or died during the year is treated as having lived with you all year if your home was the child's home the entire time he or she was alive during the year. The same is true if the child lived with you all year except for any required hospital stay following birth."
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