American Resque Act

[lena1567]

Hi thank you for hosting this seminar!

Is it possible to create the link or banner showing the progress of implementing American Resque Act so we do not have to sign in so often? Something like which parts already implemented in TurboTax and which are still pending.

[AnnetteB6]

That would be a great idea.  It would certainly help us as we try to help you as well.  I will try to pass that along. 

In the meantime, here is a couple of TurboTax articles that may help you to know what is ready and what is still pending.  Look in the sections toward the bottom for information about where TurboTax stands.

How will the third stimulus impact me?

How is my state taxing unemployment income?

[lena1567]

Why I can not see form 8962 anymore in my tax forms?

[PattiF]

Form 8962 is used to determine the ACA excess premium tax credits that were to be paid back. TurboTax has updated the software to reflect the part of the American Rescue Plan that eliminates the premium tax credits that were to be paid back. You must have previously had to pay back the premium tax credits. This changed after the software update and that Form is no longer needed in your return.