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February 24, 2022

IRS Updates FAQs for the Premium Tax Credit

The Internal Revenue Service has updated its frequently asked questions (FAQs) on the Premium Tax Credit.

The Internal Revenue Service has updated its frequently asked questions (FAQs) on the Premium Tax Credit.

FS-2022-13 PDF includes the following FAQ revisions and additions:

  • Updated The Basics FAQs: Q1, Q3, Q4
  • Updated Eligibility FAQs: Q5, Q7, Q8, Q9, Q11
  • Updated Reporting, Claiming and Reconciling FAQs: Q24, Q26, Q27
  • Updated Suspension of Repayment of Excess Advance Payments of the Premium Tax Credit (Excess APTC) for Tax Year 2020 FAQs: Q33, Q36
  • New Unemployment Compensation 2020 and 2021 FAQs: Q38 through Q45

These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.

More information about reliance is available. IRS-FAQ

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