HelenC12
Expert Alumni

Deductions & credits

No, there's no way to recoup your 2020 excess advanced Premium Tax Credit on your 2021 income tax return.

  • Per IRS: 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. The IRS will reduce the excess APTC repayment amount to zero with no further action needed by the taxpayer.
  • The IRS will reimburse people who have already repaid any excess APTC on their 2020 tax return.
  • Taxpayers who received a letter about a missing Form 8962 for tax year 2020 should disregard the letter if they have excess APTC for 2020. The IRS will process tax returns without Form 8962 for tax year 2020 by reducing the excess APTC repayment amount to zero.
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