Premium Tax Credit Repayment Update

Forum|Forum|5 years ago
March 30, 2021
10 replies
40 views

Any word on when ProSeries will be updating the software for the American Rescue Plan Act, where no marketplace plan buyer will have to worry about repaying excess premium tax credit for 2020?

Thanks in advance for your input!

ProSeries Professional

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

....crickets....

nothin!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

BobKamman

Level 15

After the 50th person has asked the same question here.

You're #48!

Unfortunately, some users are well enough informed that they have asked, "any word on when IRS will update its software so that vendors can file returns with that change?"

That doesn't count. You have to put the blame on Intuit.

T

taxgirl0216Author

Level 3

I don't put the blame on Intuit. I understand the IRS provides updates to which the venders subsequently make the change on their end, which is inherently implied in my question regarding the update.

abctax55

Level 15

I'm sure if Intuit had any inkling of when the IRS would act, they'd let us know /S

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