Premium Tax Credit Repayment Update

[taxgirl0216]

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!

[Just-Lisa-Now-]

....crickets....

nothin!

[BobKamman]

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.  

[taxgirl0216]

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]

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

[BobKamman]

I'm sure if IRS had any inkling of when they would act, software and practitioner partners would be the last ones they would tell.  

[abctax55]

Oh... the cynicism....😉

[BobKamman]

;l;;gmlzxssaw

[The_AntiTax_Man]

well stated @BobKamman 

[BobKamman]

@The_AntiTax_Man 

For those paying more attention to clients and taxes:

https://www.theguardian.com/media/2021/mar/30/us-military-account-gibberish-tweet-viral-mystery

[The_AntiTax_Man]

@BobKamman  I thought it might have been your Intuit password, nothing to see here, back to work.  LOL