Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Hey folks! I filed my taxes electronically - and then realized the provider did not true-up my ACA premiums. Turns out, that was correct. The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion of their excess advance payments of the Premium Tax Credit (excess APTC) for tax year 2020. A taxpayer's excess APTC is the amount by which the taxpayer's advance payments of the Premium Tax Credit (APTC) exceed his or her Premium Tax Credit (PTC).
Even better, if your software was flaky and did true-up the premiums, the IRS will fix it for you. From the cited page:
ADD: How about that... showed up the next day after this post!