Coverage Exemptions – Resident of a State that did not expand Medicaid
This information applies to tax year 2018. The Tax Cuts and Jobs Act of 2017 repealed the Shared Responsibility Payment...
- Home
- Federal Income Tax Information
Federal Income Tax Information
-
-
Form 8965 – Affordability Worksheet
Beginning with the 2019 tax year (for which tax returns are filed in early 2020), the Shared Responsibility Payment or... -
Alternative Calculation for Year of Marriage
Generally, Advance Premium Tax Credit (APTC) received in excess of what the taxpayer is allowed needs to be repaid. If... -
Shared Policy Allocation – Divorced or Legally Separated
Taxpayers who divorce or legally separate during the tax year but obtained minimum essential coverage through the Marketplace or a... -
How is the Premium Tax Credit Calculated?
Taxpayers use Form 8962 to calculate the Premium Tax Credit (PTC). The amount of the PTC is then reconciled with... -
Why No EIC Calculated
Keystone Tax Solutions Pro runs a series of EIC eligibility tests in each tax return based on the information that... -
Earned Income Credit
The earned income credit, or EIC, is a refundable credit for workers who meet certain requirements and file a tax... -
Earned Income Credit Additional Due Diligence Questions
IncomeDoes the income that the taxpayer is reporting seem sufficient to support the taxpayer and the qualifying children that are... -
Earned Income Credit (EITC) Income Limits and Maximum Credit Amounts
The earned income credit (EIC) is a refundable tax credit available to taxpayers who have earned income. IRS Publication 596 details the... -
Form 8867 – Earned Income Credit Due Diligence
Paid preparers of federal income tax returns or claims for refund involving the Earned Income Credit (EIC) must not only...