pconsolati
Level 2
03-19-2021
02:25 PM
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I have a couple of clients that were hit hard with clawback and were told that there was forgiveness available in the 2021 Stimulus bill.
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TaxGuyBill
Level 15
03-19-2021
03:14 PM
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You are correct that there is no longer a repayment of the Advance credit on the 2020 return. However, it will probably be a couple of weeks before the software is updated to reflect that change.
IRonMaN
Level 15
03-19-2021
03:31 PM
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"a couple of weeks before the software is updated"
Bill evidently is a "glass half full" kind of guy 😀
Slava Ukraini!
TaxGuyBill
Level 15
03-19-2021
03:33 PM
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I saw that Drake said they are "hoping" they will be able to do it in a week or so. That likely means it would be about 2 weeks (possibly more) for Intuit.
