- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@bomo817 wrote:
Just went back in to complete my Federal return and the repayment of the APTC has been removed from the calculation. I use the online version and would imagine TT will be sending out an email announcement to all users that were "on hold" for completing their returns. Thank you TT for getting your act together, albeit weeks after the ARP was enacted!
TurboTax has to wait for guidance from the IRS before any changes can be made in the software for the PTC adjustment.
The IRS just released the information on the PTC adjustment on 04/09/2021 - https://www.irs.gov/newsroom/irs-suspends-requirement-to-repay-excess-advance-payments-of-the-2020-p...
‎April 10, 2021
8:42 AM