Author Topic: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer  (Read 760 times)

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Offline Pete

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Now that Alabama has deemed frozen embryos to be children, perhaps new avenues to the child tax credits have become available.  I wonder if I can freeze up a batch of a dozen or so children and keep them in my freezer in my home, then claim them on my tax return?  Additionally, I'd like to claim them on the FAFSA and qualify my non-frozen children for Pell Grants.

https://www.npr.org/2024/02/20/1232815486/alabama-supreme-court-frozen-embryos





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« Last Edit: February 21, 2024, 06:50:59 AM by Pete »

Offline Pete

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #1 on: February 21, 2024, 06:38:11 AM »
Downside Risk:  You'd probably need to buy a really good generator (or two?) for power redundancy.  If the power goes out and those children thaw, you could be prosecuted for child endangerment or murder if you didn't meet an acceptable standard of care. 

Offline Pete

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #2 on: February 21, 2024, 06:51:14 AM »
QUESTION:  You think Alabama will need to amend their Birth Certificates and instead call them Inception Certificates? 

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #3 on: February 21, 2024, 06:54:58 AM »
Mods, please move this to the Alabama thread
Hyperbolic partisan duplicitous hypocrite

Offline BIG APPLE CAT

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #4 on: February 21, 2024, 07:06:22 AM »
Pete if you’re running late in the morning just toss those bad boys in the passenger seat and take the carpool lane

Offline CNS

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #5 on: February 21, 2024, 07:20:49 AM »
How long do souls keep in the freezer?  Did the court add expiration dates and guidelines?

I heard, in Europe, they don’t even keep them in the fridge, they just leave them on the kitchen counter.

Is it possible that Big IVF is in cahoots with Big Freezer?

Online wetwillie

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #6 on: February 21, 2024, 07:25:28 AM »
I think all your tax breaks mentioned above are federal, Pete.
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Offline Pete

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #7 on: February 21, 2024, 07:36:12 AM »
I think all your tax breaks mentioned above are federal, Pete.
If the state issues a birth certificate I wonder if the Feds have to acknowledge it as a child?

Offline hjfklmor

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #8 on: February 21, 2024, 08:44:35 AM »
I think all your tax breaks mentioned above are federal, Pete.
If the state issues a birth certificate I wonder if the Feds have to acknowledge it as a child?

Get a DOB and SSN and I say shoot your shot.

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #9 on: February 21, 2024, 09:18:43 AM »
If my man Pete gets a SSN for a frozen embryo he is cooking with peanut oil on this idea
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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #10 on: February 21, 2024, 09:27:25 AM »
Think.of the credit card points opportunities.

Offline Dugout DickStone

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #11 on: February 21, 2024, 09:46:18 AM »
Downside Risk:  You'd probably need to buy a really good generator (or two?) for power redundancy.  If the power goes out and those children thaw, you could be prosecuted for child endangerment or murder if you didn't meet an acceptable standard of care.

child tax credit is a pretty good one.  I would have no problem getting a high end Kohler

I actually love this.

Dax what is the non-obese/stupid part of alabama?

Offline sonofdaxjones

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #12 on: February 21, 2024, 10:02:19 AM »
Huntsville . . .

Noting that both of us are posting from a state that's approaching a 40% obesity rate and is also on the cusp of being a net population decline state.




Offline MadCat

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #13 on: February 21, 2024, 10:32:13 AM »
How long could one claim an embryo as a dependent?

Offline CNS

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #14 on: February 21, 2024, 11:17:34 AM »
How long could one claim an embryo as a dependent?

I would assume until they are an 18 year old human or something.  Indefinitely?

Offline Dugout DickStone

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #15 on: February 21, 2024, 11:23:21 AM »
Huntsville . . .

Noting that both of us are posting from a state that's approaching a 40% obesity rate and is also on the cusp of being a net population decline state.

Thanks, fat people gross me out.

Offline sonofdaxjones

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #16 on: February 21, 2024, 11:33:26 AM »
Then the quadrangle is a very unfriendly place for that phobia


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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #17 on: February 21, 2024, 11:36:10 AM »
Huntsville . . .

Noting that both of us are posting from a state that's approaching a 40% obesity rate and is also on the cusp of being a net population decline state.

Thanks, fat people gross me out.

I suggest staying away from Alabama
Hyperbolic partisan duplicitous hypocrite

Offline Dugout DickStone

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #18 on: February 21, 2024, 11:44:21 AM »
Huntsville . . .

Noting that both of us are posting from a state that's approaching a 40% obesity rate and is also on the cusp of being a net population decline state.

Thanks, fat people gross me out.

I suggest staying away from Alabama

Just did a little research.  oof

Offline BIG APPLE CAT

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #19 on: February 21, 2024, 11:53:43 AM »
An Alabama 10 is roughly equivalent to a Kansas City 4

Offline sonofdaxjones

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #20 on: February 21, 2024, 11:56:26 AM »
 :lol: :lol:

Offline Pete

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #21 on: February 21, 2024, 12:42:54 PM »
I have had a number of terrific vacations in Gulf Shores!

Offline Pete

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #22 on: February 21, 2024, 12:43:44 PM »
How long could one claim an embryo as a dependent?

I would assume until they are an 18 year old human or something.  Indefinitely?
You should be able to claim a frozen embryo forever!

Offline Dugout DickStone

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #23 on: February 21, 2024, 12:56:35 PM »
What about these banks where these are stored?  What if some nurse drops a dish?

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Re: Tax Optimization Idea: Move to Alabama, Keep Embryos in your Freezer
« Reply #24 on: February 21, 2024, 01:12:00 PM »
Man what if Pete ends up having to pay child support on these frozen embryos.
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