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Level 3
March 19, 2021
Solved

American rescue plan healthcare subsidies

  • March 19, 2021
  • 2 replies
  • 17 views

I have a client that made more this year and didn’t report it to the marketplace. It’s a pretty big increase and now they owe 17k. I was reading that the American rescue plan says that you can waiver the repayments of subsidies. If so, how do you do that?

any guidance will be much appreciated 

This topic has been closed for replies.
Best answer by IRonMaN

Hold tight.  The IRS has to figure how they are going to handle that.  Once they figure it out, then Intuit needs to figure out how they are going to handle it.

2 replies

Level 3
March 19, 2021
IRonMaN
IRonMaNAnswer
Level 15
March 19, 2021

Hold tight.  The IRS has to figure how they are going to handle that.  Once they figure it out, then Intuit needs to figure out how they are going to handle it.

Slava Ukraini!