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2020 APTC Repayment

TaxPhil3910
Level 2

Will there be a system update for TPs who have a tax liability when APTC is reconciled?  The American Rescue Plan says there should not be any liability.  Should we even enter the 1095A?

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TaxPhil3910
Level 2

Appreciate the quick response.  I will hold off on filing until systems update/IRS guidance.  

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2 Replies 2
sjrcpa
Level 15

Yes there will. No one knows when. I'd enter the 1095A.


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TaxPhil3910
Level 2

Appreciate the quick response.  I will hold off on filing until systems update/IRS guidance.  

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