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Level 2
Mar 23, 2021 7:47 PM UTC

Balance due on Form 8962 forgiven

Recent reading says the if Form 8962 has a balance, it need not be paid.

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    2 replies

    sjrcpa
    Level 15
    Mar 23, 2021 8:18 PM UTC

    Week+ old news.

    The software is not updated for this yet.

    The more I know the more I don’t know.
    Level 7
    Mar 23, 2021 11:19 PM UTC

    I don't think IRS has even issued guidance on this...

    I am checking this page, have it bookmarked in an easy place to check regularly these days

    https://www.irs.gov/forms-pubs/changes-to-current-forms-publications

    In other news I see where AICPA & other tax pro organizations are renewing their efforts to extend payment & filing for 2020 + estimates to June 15.