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Form W-10 may be used to get the correct information from care providers.
• Exemption amounts have been increased to $2,000 for the taxpayer, spouse and each dependent, up from $1,950 last year, and the standard deduction is increased for most people.
• Taxpayers eligible for Medicare should note that there are some new lines on this year’s Forms 1040 and 1040A that they should ignore; these are the lines for the supplemental Medicare premium. The IRS said that when the 1989 tax forms were developed, these lines (lines 54 on Form 1040 and line 23 on Form 1040A) were included to report the supplemental Medicare premium. Congress has since repealed the Medicare Catastrophic Coverage
• There are two name lines at the top of Forms 1040 and 1040A so married taxpayers filing jointly can enAct.
96.1%