APTC payback exclusion, watch your Sch A medical deductions!

Forum|Forum|5 years ago
April 11, 2021
11 replies
29 views

The program is still throwing the payback amount over to Sch A, medical expenses...IRS has been rejecting returns due to this.

You need to go in and make a negative adjustment in the amount of the excluded payback on Line 2a of the medical Expense worksheet.

ProSeries Professional

This topic has been closed for replies.

M

me112233

Level 4

Why are the professional programmers at intuit not able to fix this stuff the right way???? They took care the immediate issue (making people repay the advanced tax credit they actually weren't entitled to under the old rules), yet failed to fix the numbers flowing to other places. Why do I pay the big bucks to this outfit for such sloppy work?

Just-Lisa-Now-

Author

Intuit Community Champion

The software is only a tool and only as good as the person using it. We have to look for domino effects for all these new things that are happening.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

M

me112233

Level 4

Seriously, that's all you have to offer? Obviously I detected the issue, else I wouldn't be commenting on it. Thing is, the software ought not be making the error in the first place. Moreover, when an override is in the system, it can create difficulty with e-filing and other things in the tax return. The software is supposed to be a TOOL to make the process faster and easier, and to REDUCE errors.

T

TaxGuyBill

@Just-Lisa-Now- wrote:

IRS has been rejecting returns due to this

Are you sure? The seems weird. I would have thought the IRS just sees "medical expense" on Schedule A, not any itemized medical expenses, such as "APTC repayment".

Just-Lisa-Now-

Author

Intuit Community Champion

Thats what people over in the PS FB group are saying
https://www.facebook.com/groups/1563504723861599/permalink/2817321665146559

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Just-Lisa-Now-

Author

Intuit Community Champion

FWIW I noticed this on one of my returns already and corrected it before filing.....no rejection....whether it would have rejected if I had missed it? I dunno.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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