COOP8687
Level 2
03-29-2021
11:41 AM
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is there a fix coming for the Form 8962
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abctax55
Level 15
03-29-2021
11:44 AM
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Yes.
There are several posts explaining why there's a delay.
You could also check the IRS notifications regarding the issue.
"*******Tax software is no substitute for a professional tax preparer*******
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TylorValdez1
Employee
03-29-2021
03:12 PM
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The IRS is reviewing the tax provisions of the American Rescue Plan Act of 2021, signed into law on March 11, 2021. Taxpayers who filed a 2020 tax return and reported an excess advance premium tax credit repayment on Line 29 of Form 8962, Premium Tax Credit, should not file an amended tax return only to get a refund of this amount. The IRS will provide more details soon. For the latest updates, check IRS.gov/coronavirus.