Modified AGI increased slightly (above 400% of federal poverty level) and as a result Turbo Tax computed entire Excess Advance Premium Tax credit received as Tax due. Is the repayment of excess Premium Tax Credit waived for 2020 in "THE AMERICAN RESCUE PLAN ACT 2021"?
Could I consider "Excess Advance Premium Tax credit received" as additional medical insurance premiums paid for out-of-pocket and claim in medical expenses (if needed)? This is like I never received Premium Tax credit but paid medical insurance premiums entirely out-of-pocket.
