Health care law brings changes to IRS tax forms

It’s time to start thinking about taxes and with the Affordable Care Act, there are some notable changes when it comes to filing.

Along with new lines on existing forms, two new forms will need to be included with some tax returns.

Form 8965 covers Health Coverage Exemptions. This form is necessary to report a market-place granted coverage exemption or claim an I-R-S granted exemption on the return.

Form 8692 addresses premium tax credit. This form reconciles advance payments of the premium tax credit and to claim this credit on the tax return.

A number of forms also include new lines. Check them on the IRS website.