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Level 3
March 31, 2021
Question

American Resque Act

  • March 31, 2021
  • 1 reply
  • 4 views

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.

    1 reply

    Level 15
    March 31, 2021

    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?

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    lena1567Author
    Level 3
    April 12, 2021

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

    Level 15
    April 12, 2021

    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.

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