premium tax credit automatically adjusted after I hade transmitted the return. Instead of owing he now gets a refund of over 11052. Anyone else experienced this? it just occurred today.
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Yes they just updated the software for the 2020 law change.
Yes they just updated the software for the 2020 law change.
thanks
SJRCPA: Has the IRS given guidance on if they are going to correct these or if we will have to do an amendment?
Dusty Ernie
Dusty, per this.... hurry & wait. MY concern would be how fast will the IRS act (some of these numbers are HUGE)? But, an amended return won't be processed any faster. Jeez, what a friggin' cluster.
Dusty, Intuit posted this today, too.
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