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Author: FBCinvestor Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121333  
Subject: Affecting 2009 taxes Date: 2/9/2009 11:39 AM
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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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