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    • Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
    Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
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    Balance due on Form 8962 forgiven

    JSabCPA
    Level 2
    ‎03-23-2021 02:47 PM

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

    0 Cheers

    This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

    2 Comments 2
    sjrcpa
    Level 15
    ‎03-23-2021 03:18 PM

    Week+ old news.

    The software is not updated for this yet.

    The more I know, the more I don't know.
    pamdory
    Level 8
    ‎03-23-2021 06:19 PM

    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.

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