Healthcare Premium Credits & Penalties

The IRS has increased penalties on tax preparers to as much as $2,080 per return for the failure of due diligence in claiming  Head of Household, Earned Income Credit, Child Tax Credit, and American Opportunity (Education) Credit.

Please bring any documentation that shows your children live with you and can be properly claimed. This can include school, medical or childcare records that show the child’s address.

Medical insurance forms can be very helpful

  • 1095-A from MNsure
  • 1095-B or 1095-C obtained from your employer

Remember

Bring Form 1098-T to claim any Education Credits. This is provided by the school or college and is required to claim credits.

We ask for your patience since we will probably need to ask you more questions this year to satisfy the new IRS requirements.

10% Off

for all personal tax returns completed before March 9.