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Deduction of repayment of the Advance Premium Tax Credit
Can I deduct the repayment of the Advance Premium Tax Credit for 2018, if I am repaying it currently in 2019? or
Would I only be able to deduct the repayment in 2019 since it way made then?
Background: sold property from my real estate business and received more income than anticipated. I was received the monthly advance payment of premium tax credit. I made a lot more money and don't qualify for this credit, so I have to pay it back for 2018.
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‎June 3, 2019
1:14 PM