dpconley
New Member

When will turbo tax update their soft ware to reflect American Rescue Plan effects on 2020 taxes and repayment of subsidies for people who went over the income limit?

I am waiting to file. I went over the federal income threshold and would take a big hit if I had to pay back my subsidy. I believe the rescue plan includes a one-time provision for the 2020 tax year so I won't have to pay it back