TAX INSIGHT pp 303-307 | Cite as

Your Children

Kids Aren’t as Taxing as People Claim—In Fact, They’ll Lower Your Taxes Quite a Bit
  • M. Casey Murdock
Chapter

Abstract

People seem a little shocked when they learn that I have eight children. Sometimes I joke that I have a lot of kids because they are such a great tax write-off. Although there is no truth in the joke in regard to why I have eight children, it is true that kids provide some great tax benefits.

Keywords

Adjust Gross Income Maximum Credit Unused Credit Allowable Expense Child Care Expense 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© M. Casey Murdock 2014

Authors and Affiliations

  • M. Casey Murdock
    • 1
  1. 1.CAUSA

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