Monthly Archives: February 2016

If your son or daughter or other dependent files their own tax return and claims a personal exemption for themselves, you will not be able to claim them on your tax return. If the value of the exemption is worth … Continue reading →

If you received a subsidy or premium tax credit to purchase an insurance plan in the Health Insurance Marketplace through the Affordable Care Act, any advanced-payment subsidy that lowered the cost of your health insurance premiums cannot be claimed as … Continue reading →