Exemptions, penalties, reconciling… What do you need to know to accurately complete your tax forms this year? If you received a subsidy from the Affordable Care Act or were without health insurance for more than three consecutive months, there will be new tax forms which could bring the need for more serious number crunching. For example as a subsidy recipient, if your income changed, you may be re-paying part of what you were given. Taxes can be stressful in an average year, so make sure you have plenty of time to research and complete all of your forms. And don’t forget that accounting professionals (as myself, debra@nw-cpa.com) are here to help you!