Taxpayer Advocate Service – TAS Tax Tip: Include Your Premium Tax Credit Form 8862 to Avoid Errors (March 15, 2022)

The Taxpayer Advocate Service has published an article titled “TAS Tax Tip: Include Your Premium Tax Credit Form 8862 to Avoid Errors”. The article begins as follows:

Be aware that 2021 electronically filed tax returns that require taxpayers to reconcile advance Premium Tax Credit payments on Form 8962 will be rejected this year if the form is missing. Taxpayers and practitioners can simply complete a new tax return, including the required line amounts, attach the Form 8962, and re-file using e-file to correct the issue.

To view the full article, click: “TAS Tax Tip: Include Your Premium Tax Credit Form 8862 to Avoid Errors”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s