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Subject:  Affecting 2009 taxes Date:  2/9/2009  11:39 AM
Author:  FBCinvestor Number:  104395 of 127638

I have a couple of events which will affect my 2009 taxes.
1) Next week we close on the sale of rental property, which will result in about $12k in long term capital gain.
2) In October we are expecting our second child.

I know that Congress is guaranteed to make tax changes this year, given all the campaign promises and economy "stimulus" business going on. My question is, given what we know today, do I need to adjust my withholding to cover the capital gain or is the increase from the gain balanced by the addition of a child?
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