@rcampoam wrote:
Is not working for me. Turbo tax is not generating the 8962 form. Notbody is answering the phone either. How can we trust to system were to human can help when we have issues. On the other hand, they will collect my money even if IRS is still waiting for that form. What a stressing and disgusting situation. Can somebody help?
The "American Rescue Plan" Act of 2021 retroactively removed the tax on the Health Insurance Premium Tax Credit and the need for the 8962 form. Anyone who has already filed need not amend - the IRS will make the adjustment and send the refund to you. Anyone who has not filed yet will not include a 8962 form.
The American Rescue Plan Act of 2021 (ARPA), passed in March 2021, contains a provision to no longer require repayment of any excess APTC on 2020 tax returns. Recent IRS guidance relative to this provision instructs taxpayers who have an amount on line 29 of Form 8962 to not include Form 8962 with their return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
