@selfemployedboss wrote:
Has this feature been updated online?? My TuboTax Online is still showing I owe for healthcare premiums under the ACA.
No, the TurboTax program has not been updated for the Premium Tax Credit adjustment. The IRS has not issued any guidance on this issue yet.
See this IRS statement - https://www.irs.gov/affordable-care-act/individuals-and-families/the-premium-tax-credit-the-basics
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.
