@jimgarrison wrote:
Great...the Form 8962 still shows all the information and excess credit...it just doesn't go anywhere.
Is there anything in Turbo Tax to read about this particular update etc.?
I had thought the change was just applicable to 2021 and 2022 so this is a pleasant surprise!
Unfortunately there is nothing to read in TurboTax concerning this PTC adjustment. This adjustment is a one-time provision only applicable to tax year 2020.
In 2021 and 2022 the American Rescue Plan Act of 2021 will significantly increase premium subsides.
