恭喜今年有大学毕业生的家长们，小小礼物，不成敬意，请笑纳。
Your graduate will enjoy most of it in terms of income taxes in 2012. This is why and how.
First of all, your child may get refundable American opportunity credit as he or she is a full time student for the first half yr. keep in mind, your child has to file his or her own tax return in order to be eligible for the credit. please see below for more details.
http://bbs.wenxuecity.com/inv-tax/301979.html
Secondly, since your child will only work for the 2nd half yr, there might be little or no taxable income at all after deduction. Therefore, get your child file W-4 with as many allowances as possible, i.e. as little withhold as possible.
Once again, congrats!
Cheers!
