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When will the Advanced Premium payback be removed for 2020?

LGTS
Level 1
 
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4 Replies 4
Just-Lisa-Now-
Level 15
Level 15
Waiting on IRS!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Conwaytax6769
Level 2

What is this for? 1095-A?

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LadyJ
Level 1

Yes, we are all waiting for the repayment of excess advanced premium tax to be removed as signed on March 18th 2021 for tax year 2020 in the rescue plan.  How long will this take for Lacerte to correct the form.

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IRonMaN
Level 15

The better question is, how long will it take for the IRS to update things before Intuit can update the software?

Barber! Why didn't I think of this before? Getting paid to give out bad tax advice - need I say more? I've run with scissors for years so it is a natural fit.