lyndaj0331
Level 5
03-25-2022
08:08 AM
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It seems totally unfair for an amount from the 8915F to affect the premium tax credit. But, I guess in the prior year it also increased the credit due to the decreased income. Does this seem right or am I missing something? Thanks
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qbteachmt
Level 15
03-25-2022
11:57 AM
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Anything that uses "MAGI" means you would need to look up what is included as MAGI, if you want to confirm the program is doing it right.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
rbynaker
Level 14
03-25-2022
05:16 PM
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There's still time for them to pay it back and reduce the taxable amount on the 2021 return...
See Repayment at several places in the instructions:
https://www.irs.gov/pub/irs-pdf/i8915f.pdf
Rick