Can someone please tell me how to get rid of the excess advance premium tax credit repayment as authorized in the American Rescue Plan Act of 2021? ProSeries told me that form had been updated the same time as the unemployment form, but I'm not seeing it and the penalty/repayment is still there?
I'm not sure who told you that since I don't believe the IRS has updated their side of it yet. You just have to patiently sit with the rest of us on the bench.
maybe the rep was talking about the query to find applicable affected returns. That1099-g query also lists the returns that have the Premium Tax Credit
I like a challenge, but I would also like to finish some things up. Not yet.
"Thank you sir, may I have another! Thank you sir, may I have another! Thank you sir, may I have another!"