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Level 2
Mar 19, 2021 5:13 AM UTC
Solved

PTC Payback rule 2020 Suspension

If the Taxpayer income is above 400% of the federal poverty line, is the payback rule suspended through the 2021 American Rescue Plan Act?

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itonewbie
itonewbieAnswer
Level 15
Mar 19, 2021 8:08 AM UTC

Yes.  See Sec. 9662 of the ARP Act.

---------------------------------------------------------------------------------Still an AllStar

1 reply

itonewbie
itonewbieAnswer
Level 15
Mar 19, 2021 8:08 AM UTC

Yes.  See Sec. 9662 of the ARP Act.

---------------------------------------------------------------------------------Still an AllStar