uTax is sharing the latest updated Form 8962 – Premium Tax Credit Frequently Asked Questions (FAQs) IRS Fact Sheet published yesterday, February 24, along with the associated news release. These updated FAQs address many of the questions Partner Support is receiving on this topic. We continue to encourage our partners to review this helpful information and to follow the instructions and guidance provided by the IRS that may be applicable to your client(s) as you prepare their returns.
Fact Sheet FS-2022-13 – Updated February 24, 2022 – Form 8962 – Premium Tax Credit – Frequently Asked Questions (FAQs)
New for 2022, these IRS Fact Sheets are an excellent one-stop document containing the most frequently asked questions (FAQs) organized by topic, plus additional information, and links to related resources. The IRS keeps them updated often so that you have the latest information as you prepare returns for your clients.