Cutest little tax deduction

Posted on December 20th, 2007 – 1:44 PM
By Kara McGuire

Note to PR people out there: Use the words “cute” and “tax” in your e-mail’s subject line and personal finance reporters will open it.

At least I did. I like deductions, but I can’t say I’ve ever thought of them as cute.

Anyway, TurboTax is throwing a cute newborn baby contest (get it– baby born in December 2007= your newest and cutest last-minute tax deduction).

The prize is a $5,000 savings bond.

What I want to know is why they didn’t come up with this idea 4 years ago– both my kids were born in December.

Get the details: www.CutestTaxDeduction.com

There are only ten entries as far as I can tell.

Use the money for college.

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