News From Terre Haute, Indiana

Local & Bistate

January 1, 2009

Last Baby of 2008: Family’s bundle of joy comes with other financial benefits as well

TERRE HAUTE — When Madison Bell Miller entered the world at 6:38 p.m. Wednesday at Terre Haute Regional Hospital, she brought a big smile to her daddy’s face.

Not only did Brad Miller get a beautiful new baby girl on New Year’s Eve — he also will reap the 2008 tax advantages that little bundle of joy brings.

Madison is the first child of Brad and Kayla Miller of Sullivan. She weighed 7 lbs., 10 oz. and was 211⁄2 inches long. She also was the last baby born in Terre Haute in 2008.

And that brought with it certain advantages.

The hospital and H&R; Block teamed up to help celebrate the Last Baby of the Year, and the Millers received a large gift basket with several baby items and accessories. Among the items was a bib that stated, “I am a new tax deduction.”

Having the last baby born in Terre Haute in 2008 “is exciting,” Kayla Miller said. “She was born on her due date.”

They weren’t sure Madison would make her due date, but in the end, she met Dad’s expectations. “We knew we’d be cutting it close on the tax deduction,” said Brad, 24, a Sullivan County sheriff’s deputy. Kayla, 23, works at a grocery store in Sullivan.

Taxing issues aside, the couple is thrilled to have a brand new baby girl. “We hope she has a long, happy, healthy life,” Dad said.

Madison’s great aunt, Carolyn Comeau, is a nurse in labor/delivery at Regional and helped deliver Madison. “It was very neat,” Comeau said.

Kayla appreciated Comeau’s assistance. “I don’t know what I would have done without her,” she said.



Sue Loughlin can be reached at (812) 231-4235 or sue.loughlin@tribstar.com.




Benefits of coming in last


It may be the first baby of the year who grabs the media headlines, but it’s the last baby of the year who yields the tax savings. Babies born before the stroke of midnight New Year’s Eve can save their parents thousands on their 2008 returns.

“Mere minutes can mean major tax savings this New Year’s Eve,” said M. Renee Stuck, H&R; Block tax professional. “Babies born on Dec. 31 provide parents with a retroactive tax exemption for all of 2008. To get that same tax break, parents of babies born after midnight on Jan. 1, will have to wait until they file their 2009 taxes — in 2010.”

In addition to an exemption worth $3,500 in 2008, new parents may qualify to claim two other credits that could further reduce this year’s tax liability.

The Child Tax Credit is worth as much as $1,000 per child, regardless of whether taxpayers file as single or jointly.

The Earned Income Tax Credit is available to lower-income workers.

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