Unemployment Compensation – New Exclusion

Please stay tuned for information about the Advance Premium Tax Credit (APTC) — the IRS’s first priority was the Unemployment Exclusion change and we expect more information on the APTC in the near future.

The IRS has advised that you should not yet amend returns that had Unemployment Compensation or Repayment of the Advance Premium Tax Credit. Official IRS guidance is forthcoming.