The Internal Revenue Service (IRS) released its latest tips on tax return for individuals. This issue involves ten tax facts about exemptions and dependents, with regard to e-file, personal exemptions and exemptions for a dependent, health-care coverage report, disqualified persons and special situations that dependents need to file.
See IRS Tax Tip 2015-05, “Top 10 Tax Facts about Exemptions and Dependents.” (January 26, 2015).
Posted by Jiaqi Wang, Associate Editor, Wealth Strategies Journal.
