The measure would expand state law that provides a tax credit for children, by adding the number of months a woman was pregnant during the income tax year.
Howard Fischer Capitol Media Services PHOENIX — The way Rep. Matt Gress sees it, a person is a person, no matter how small — or even if not born yet — for the purposes of getting a state tax credit.
People are also reading… So far, though, Gress has gotten no traction for that measure. It didn't even get assigned by House leadership to a committee for a hearing.Arizona law allows individuals earning less than $200,000 a year to get a $100 income tax credit — an amount deducted from the actual taxes owed to the state — for each child younger than 17. The income eligibility figure is $400,000 for married couples filing jointly.
"But what if the baby's born in January?'' Gress asked."That family's experienced costs prior to the baby being born." But the tax credits kick in only after the baby is born.So, the family whose baby is born in January would get to claim 75% of the credit for nine months of the prior year. Similarly, a family that had a baby in June would get 50% of the credit for the six months of pregnancy in the prior calendar year.
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