dwarringer
Level 1
03-24-2021
06:21 AM
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The American Rescue plan has provided a provision that the excess premium tax credit that normally has to be paid back is excluded and will not need to be paid back. How do we implement this provision in ProConnect Tax online software?
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pamdory
Level 8
03-24-2021
08:39 AM
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We are still waiting for IRS to issue guidance and release a new Form 8962.
Then Intuit will have to update the software.
I am watching this page https://www.irs.gov/forms-pubs/changes-to-current-forms-publications as I believe this is where IRS will post once they release the guidance.
