When will the Premium Tax Credit Form be updated? I am still not able to process returns showing excess advance payment since they are showing repayment due.

[abctax55]

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.

[BirminghamBert]

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

[Mikki18]

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

[BirminghamBert]

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. 

[Mikki18]

Tax software is updated . It works! Thank you