1601069
Filing tax return 2018. Need to repay $600 on Form 8962 for overpayment of Advance Premium Credit (APC). Have an Earned Income credit which nets to a refund of return in total (>$600). Will mail tax return. Will there be an issue will repayment of APC (because it is overdue)?
Thanks for the help.
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Since you are getting a refund there should be no problem.
Thanks. Have you come upon this issue before with the Advanced Premium Tax Credit?
As Bsch4477 said, if you are getting a refund, there won't be a problem.
Look at it this way - the overpayment of Advance Premium Credit has already been repaid (by your Earned Income Credit). This is a matter of money moving from one bucket to another in Washington.
What you are doing now is the paperwork to formalize this result.
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