IRS Updates FAQs for the Premium Tax Credit

The Internal Revenue Service updated its FAQs on the Premium Tax Credit.

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Published: 02.25.2022

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

The PDF, FS-2022-13, 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 here: IRS-FAQ

Source: www.irs.gov