When will there be a fix for the Premium Tax Credit repayment exclusion?

Forum|Forum|5 years ago
March 23, 2021
7 replies
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ProSeries Professional

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dascpa

Level 11

You'll know when we all know. It takes time, unfortunately.

IRonMaN

Level 15

A number of us got together and did some analysis of the issue. After a lot of hours were spent with the analysis process we determined that it would be ready sometime between now and October 15th. But I should mention, there were a few calculations that narrowed it down to between now and October 8th.

Slava Ukraini!

M

MaxGalvin

Level 2

It would be nice to have SOMETHING to tell an anxious client - as well as prepare office workflow. Great PR for Intuit & preparers as it is.

dascpa

Level 11

Clients are always anxious. They wait until the last minute. Don't get you everything. Expect it completed in minutes. Remember who runs your practice - you, not the client. If you can't print the tax return now they'll have to wait. It's the price of them getting a free tax benefit they didn't really deserve.

PATAX

Level 12

👍 das you hit the nail on the head... Years ago I had a client that dropped off his taxes, he called me back the next morning and asked me if it was finished... I told him no, but if he wanted it completed immediately he can come pick it up and go somewhere else... Never had an issue again with him... Just my humble opinion...

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