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re: Question regarding deductions and having my first child

Posted on 4/15/15 at 8:40 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39602 posts
Posted on 4/15/15 at 8:40 pm to
quote:


3) A dependent is worth a personal exemption. This is subject to phase out at high income levels.



You'd think this would be reversed to encourage the best and brightest to procreate.

Oh well
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37153 posts
Posted on 4/16/15 at 1:44 pm to
quote:

You'd think this would be reversed to encourage the best and brightest to procreate.


Well considering that the people who write the tax code aren't the best and brightest...
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