Why does the advance premium tax credit still show as an additional tax when there should be no repayment after the American Rescue Act?

ctalleycpa · ‎03-23-2021

ProSeries is still showing a repayment of the advance premium tax credit even though such repayments are not correct under the American Rescue Act. Is there a program update in the works for this?

Just-Lisa-Now- · ‎03-23-2021

Intuit cant update the program until IRS makes the changes in their system to accept the change.....probably be a few more weeks.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

PATAX · ‎03-23-2021

👍 patience. .

Why does the advance premium tax credit still show as an additional tax when there should be no repayment after the American Rescue Act?

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