cawyman51
Level 1
 
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abctax55
Level 15

https://www.irs.gov/affordable-care-act/individuals-and-families/premium-tax-credit-claiming-the-cre...

At some stage subsequent to the IRS taking action.

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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BirminghamBert
Level 3

If you haven't already found out, the IRS and Intuit have just fixed this issue. 

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Mikki18
Level 2

How was it fixed? Is there something that needs to be done in in Pro Series so the excess PTC is not taxable?

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BirminghamBert
Level 3

I don't use Pro Series, I use ProConnect . On it you just check the Box "apply American Rescue Plan Act provisions" under Misc. Info/Direct Deposit, the Miscellaneous tab. 

 

Good luck. 

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Mikki18
Level 2

Tax software is updated . It works! Thank you

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