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Level 2
March 19, 2021
Question

American Rescue Plan and APTC clawback changes for 2020

  • March 19, 2021
  • 2 replies
  • 16 views

The ARP act changes the clawback provisions of the Advance Premium Tax Credit for 2020.  I haven't seen anything from ProSeries regarding changes to clawback of APTC for 2020.  Is this also being addressed?  What is the timeline for resolution?

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2 replies

sjrcpa
Level 15
March 19, 2021

IRS hasn't even addressed it yet. Intuit has to wait for that.

The more I know the more I don’t know.
IRonMaN
Level 15
March 19, 2021

3/11/20                                                            Someday                                        Someday

                                                                                                                               plus awhile

[---------------------------------------------------------------[-----------------------------------------------]

Date                                                                Date                                                 Date

Law                                                            IRS implements                             Intuit updates

Enacted                                                         changes                                             software

 

I think I am getting pretty good at these timeline questions 😁

 

Slava Ukraini!