Category Archives: Tax Credits

Form 8962: Reconciling the Premium Tax Credit

Form 8962, Premium Tax Credit, reconciles 2019 advance payments of the premium tax credit and may also effect a taxpayer's ability to get advance payments of the premium tax credit or cost-sharing reductions. Taxpayers who don't file and reconcile their 2019 advance credit payments may not be eligible for advance payments of the premium tax…
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Tax Milestone

Tax Milestone, your local store probably carries special cards for the birthdays that tend to be milestones in ordinary life. Although¬†taxpayers shouldn't expect to receive cards from the IRS, some birthdays are especially important for tax purposes, too. Birth.¬†You generally can start claiming a dependency exemption for your child in the year he or she…
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