@mark_wr wrote:
I'm using TurboTax Premier 2020 for Windows.
I entered Form 1095-A. Form 8962 was produced, and Net premium tax credit is $0. I finished return, did final Review, no errors. Used Print Center to Save As PDF.
PDF does NOT include Form 8962.
You have stated that when a taxpayer received Advance Premium Tax Credits during 2020 (ie, will get Form 1095-A), that Form 8962 is REQUIRED with the tax return.
Why have you omitted it in a printed return? Will it be omitted in an e-file as well?
That is correct. TurboTax has been updated to comply with the new "American Rescue Plan" act.
Per IRS statement:
https://www.irs.gov/newsroom/irs-suspends-requirement-to-repay-excess-advance-payments-of-the-2020-p...
The Internal Revenue Service announced today that taxpayers with excess APTC for 2020 are not required to file Form 8962, Premium Tax Credit, or report an excess advance Premium Tax Credit repayment on their 2020 Form 1040 or Form 1040-SR, Schedule 2, Line 2, when they file.
**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.**
