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Tag: premium tax credit

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Premium Tax Credit

Premium Tax Credit and Tax Form 8962

Premium Tax Credit offers tax deductions that can be applied when filing taxes for those who qualify are eligible to receive these benefits

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2020 tax year

What’s New for the 2020 Tax Year?

Here’s the breakdown of all the changes. Standard deduction For the 2020 tax year, the standard deduction amounts have increased. Here are the amounts below. For taxpayers who are blind or at least 65 years old, they can claim an additional standard deduction. The standard deduction is $1,300 and $1,650 for the single or head […]

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