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Get your taxes done using TurboTax
Form 8962 is not going to be changed. The program is updated to not put the repayment amount on Schedule 2, which is how the IRS has dictated that the legislation be handled. @usbbd50
Please see today's IRS release that explains - ''The Internal Revenue Service announced today that taxpayers with excess APTC for 2020 are not required to file Form 8962, Premium Tax Credit, or report an excess advance Premium Tax Credit repayment on their 2020 Form 1040 or Form 1040-SR, Schedule 2, Line 2, when they file.'' The 8962 will not be sent to the IRS with your tax return. As long as the amount is not included on Schedule 2 or on Line 17 of Form 1040, you can safely file.
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‎April 9, 2021
4:51 PM