KathrynG3
Expert Alumni

Get your taxes done using TurboTax

TurboTax is depending on the IRS for updates for when, as well. It is very likely the updates will be in place before April 15, 2021. The TurboTax engineers are working as fast as possible to update the software with the changes.

 

At IRS: Premium Tax Credit: Claiming the Credit and Reconciling Advance Credit Payments

Check Back for Updates to this Page

We’re reviewing the tax provisions of the American Rescue Plan Act of 2021, signed into law on March 11, 2021. Taxpayers who filed a 2020 tax return and reported an excess advance premium tax credit repayment on Line 29 of Form 8962, Premium Tax Credit, should not file an amended tax return only to get a refund of this amount. The IRS will provide more details soon. For the latest updates, check IRS.gov/coronavirus.

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