Announcement

Collapse
No announcement yet.

Premium tax credit repayment

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Premium tax credit repayment

    Does the Advanced Premium Tax Credit repayment get eliminated due to the President's Executive Order?? My opinion after research is no - still have to repay. But I have getting challenged on this issue.
    Thanx for any help.
    Ray

    #2
    It has not been rescinded and/or modified by legislation. It is still due.

    Comment


      #3
      No tax laws have been changed as of yet. IRS.gov has a nice link on updates for any changes to the health care law, I have gotten that challenge/question a lot too and have spent much time researching, but found going to IRS.gov to be the fastest and easiest, and may give you something to read back to those difficult clients!!

      Comment


        #4
        Originally posted by rayscholl View Post
        Does the Advanced Premium Tax Credit repayment get eliminated due to the President's Executive Order?? My opinion after research is no - still have to repay. But I have getting challenged on this issue.
        Thanx for any help.
        Ray
        Dont confuse the Premium Tax Credit with the Penalty for not having health insurance.

        Premium Tax Credit for sure you will have to pay back if they overshot their income.

        Chris

        Comment

        Working...
        X