Federal Tax, Tax

Taxpayers: Get Your Return Professionally Prepared

Filing an accurate tax return can require higher-than-usual attention to detail and it’s relatively easy to miss something. Case in point: The IRS reports it has received and is rejecting an increased number of electronically filed 2023 returns that claim the premium tax credit (PTC). That’s because taxpayers neglected to attach the supporting Form 8962. The PTC provides financial relief to individuals who need help paying for Marketplace health insurance. Getting your return professionally prepared helps prevent filing mistakes that may delay your refund. Contact the Cg Team for help. © 2024