Did you know the typical family spends more than $221,000 raising a child through age 17? I would open my mouth in shock, but I'm too shocked to move. Guess that means I've spent that much and more for my 18 year old and still have $663,000 to go.
Sorry. I digress.
Thanks to TurboTax®, one "last-minute" baby will help his or her parents save a bundle. TurboTax®, tax preparation software from Intuit Inc., is conducting its third annual nationwide search for America's Cutest Last-Minute Tax Deduction. The parents of one lucky baby, born in December 2009, will win $5,000.
To enter parents or legal guardians should submit a photo of their baby - born between December 1 and December 31 - to www.cutesttaxdeduction.com. The deadline for submissions is January 7, 2010. Judges will select 10 finalists, and America will determine America's Cutest Last-Minute Tax Deduction and the $5,000 grand prize winner!
Further details, rules and eligibility information is available at CutestTaxDeduction.com. You can follow @TurboTax on Twitter (#TTbaby) or visit TaxBreak, the new TurboTax blog for updates.
This post is provided on a purely informational basis. No compensation was exchanged for the writing of this post; however, my including this post is an entry in a contest. Information is provided on behalf of MomSelect and TurboTax.