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Will there be a revision of the Form 8962

powellrh1
Level 2

Is ProSeries' advice to go ahead and file returns with a premium advance repayment (Line 29 of Form 8962) amount, or should we expect a revision to this form?  Have I missed any info from ProSeries on this matter?

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3 Replies 3
Just-Lisa-Now-
Level 15
Level 15

I haven't seen any advice from PS to file returns with PTC on them.

As soon as IRS issues guidance for how this should be reported on the return, Intuit will be able to update the software.

Until then, Im holding all PTC returns....hoping IRS can auto correct for this on previously filed returns like theyre planning for UI returns, but we'll see.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
powellrh1
Level 2

Thank you, feel better that we are doing the same thing,

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trexlerwatson
Level 2

We were told there would be an update last Friday  - still waiting.  We are holding returns.