Employee Tax Expert

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Hi IKRAM 1998,


The American Rescue Plan Act of 2021, enacted on March 11, 2021, suspended the requirement to repay excess advance payments of the premium tax credit (excess APTC)  for tax year 2020

If you already filed a 2020 return and reported excess APTC or made an excess APTC repayment, you don’t need to file an amended return or take any other action.

If you have not filed your 2020 tax return, here’s what to do:

  • If you have excess APTC for 2020, you are not required to report it on your 2020 tax return or file Form 8962, Premium Tax Credit.
  • If you’re claiming a net Premium Tax Credit for 2020, you must file Form 8962, Premium Tax Credit 


I was able to find no reference to the Premium Tax Credit for 2021. To date, there is no word as to the treatment of the Premium Tax Credit as related to unemployment received in 2021. I do submit this link for your reference.

It is an excellent questions and certainly worth the time and effort!





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