Marriage, Divorce & Family

“How do I update my taxes after having a baby?”

Life eventQuick Question · 30 min · $95

A new baby can affect several parts of a tax return, and the details often depend on the child’s Social Security number, who claims the child in the household, and any changes to filing status or dependent-related credits. In many cases, families also look at how a new child affects withholding, employer records, and benefits tied to the tax return. If there was a birth during the year, the timing of the baby’s arrival and whether the child lived with the taxpayer for the relevant period can also shape how the return is updated. A short conversation with a CPA can sort out what applies to your specific numbers.

In your 30-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.