coopersdad
Footballguy
Son and future daughter-in-law had a baby in February 2023 and are getting married in this May (which I know has no effect on 2023 taxes)
Both make about the same salary although DIL is "probably" a office contractor for her dad's construction business. I'm not really sure yet and won't be until I see her tax information from her dad and how he claims her.
Obviously one of them will be able to claim HoH and claim the baby.
Will it matter who claims the baby / claims the taxes paid on the house, or do I need to have turbo tax work though the different combinations to see what it comes up with?
In my mind, since they make about the same, the net due is going to be about the same, but I'm thinking that whoever claims the boy, should also claim the house.
Any thoughts are appreciated.
Both make about the same salary although DIL is "probably" a office contractor for her dad's construction business. I'm not really sure yet and won't be until I see her tax information from her dad and how he claims her.
Obviously one of them will be able to claim HoH and claim the baby.
Will it matter who claims the baby / claims the taxes paid on the house, or do I need to have turbo tax work though the different combinations to see what it comes up with?
In my mind, since they make about the same, the net due is going to be about the same, but I'm thinking that whoever claims the boy, should also claim the house.
Any thoughts are appreciated.