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?
This discussion has been locked. No new contributions can be made. You may start a new discussion here
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.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.