Get your taxes done using TurboTax

Hi CatinaT1.... Is TurboTax still waiting on guidance from the IRS regarding the Premium Tax Credit Repayment forgiveness for 2020? 

 

My TurboTax Premier desktop version installed an update today (Saturday, 4/3/21) and the update implied that the provisions of the American Rescue Plan Act, including the Advance Premium Tax Credit changes, were implemented in today's update.  But.... TurboTax is still indicating that I have to repay the Excess Advance Premium Tax Credit that I received.

 

Are we still waiting on the IRS, or is the software truly up to date?  Thanks.