Here are ten tips about tax exemptions and dependents that will help you determine what you can deduct. There is also a little information about E-Filing and the ACA requirement that all family members have to have health coverage or an exemption; otherwise you have to make a Shared Responsibility Payment (the penalty that can range from $95.00 to over $10,000.00.) See the details in this link to the IRS Tax Tip:
http://content.govdelivery.com/accounts/USIRS/bulletins/ebdf89?reqfrom=share
Just remember that if you are filing your own tax return there are many things to think about. Turbo Tax can be great if you have health coverage and a W2, but be aware that DIY can have many pitfalls and if you don’t have the knowledge, you may need some help if your return is more complicated.
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