The short answer
A new baby can lower your tax through the Child Tax Credit. Update your W-4 so your withholding fits your new family.
The Child Tax Credit is worth up to $2,200 per qualifying child.
Use the IRS withholding estimator after the baby comes, so you do not over or under withhold.
If you owe from past years, a plan can fit the new budget.
Steps that help
- Update your W-4.
- Claim the Child Tax Credit.
Help that may fit
Results depend on your situation. Not every case qualifies.
Common questions
Can I get help if I already owe?
Yes. A tax pro can look at payment plans, penalty relief and other options for your case. Results depend on your situation. Not every case qualifies.