On Sunday, May 23, 2021 at 2:59:15 PM UTC-4,
[email protected] wrote:
On Saturday, May 22, 2021 at 9:32:15 AM UTC-4, [email protected] wrote:
IRS accepted return first week of April. Still no refund, refund link still keeps saying "processing". Impossible calling for an answer. Is there an end in sight for refund being deposited? Used Std. deduction, all income is mostly retirement.
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If there's a discrepancy on the EIP/RRC or APTC issues, the return will be in error resolution. That's one of areas with a significant backlog.
Ira Smilovitz, EA
Leonia, NJ
I am on Obamacare. For the first five months of 2020 I took an advance premium tax credit, but starting in June I did not. The APTC amount is large, around $1K/month. (I know it's not wise to intentionally run up a large refund, but let's let that
slide for now). On the form (8985?) showing the SLCSP price and the APTC take, the health plan put 0 for the APTC for the months I did not take an APTC. I called and asked them to correct the form, but they told me it wasn't a problem and directed me
to a "tax tool" where I could find the SLCSP. Of course I already had that for the first few months of the year.
Is this discrepancy - between the SLCSP value on the form and the one I claimed - the likely source of the delay in processing my return?
I'm thinking I should change my APTC to $1 per month just to get it to show up. Although my situation will still be the same for the beginning of 2021 as for the end of 2020. 2022 will be my last year on Obamacare as I turn 65 in late 2022.
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