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Level 15
Level 15

Get your taxes done using TurboTax

There is nothing that needs to be corrected. The American Rescue Plan Act suspended the repayment of excess Advance Premium Tax Credit for 2020. The Form 8962 will not be included in your tax return, and you do not have to pay the amount shown on it. See the following IRS news release for more information.


IRS suspends requirement to repay excess advance payments of the 2020 Premium Tax Credit