![]() Correcting an electronically filed return for a missing Form 8962 – and why it was rejected ![]() Taxpayers who were covered by Marketplace health insurance during 2021, including those who had Marketplace coverage for less than the entire 2021 calendar year and those who terminated coverage at the end of 2021, still have to reconcile their APTC on Form 8962. If an electronically filed return is rejected if the Form 8962 is not attached, we encourage taxpayers to review their health insurance records, including Form 1095-A, Health Insurance Marketplace Statement. The IRS may also correspond with taxpayers when more information is needed concerning the explanation for the missing Form 8962. The IRS will continue to correspond with taxpayers who file a paper return without attaching the required Form 8962. In prior years, the IRS did not reject electronically filed returns from taxpayers who failed to reconcile their APTC by attaching Form 8962 to their return instead, the IRS would later correspond with the taxpayer to request the missing Form 8962 or an explanation for its absence, which delayed the processing of the return. Immediately resolving the missing Form 8962 issue at the time of filing avoids any processing delays that result when the IRS needs to correspond with the taxpayer regarding the missing form. In response to the rejection of an electronically filed return that's missing the Form 8962, individuals may refile a complete return by completing and attaching Form 8962 or a written explanation of the reasons for its absence. This saves time and prevents a simple mistake from holding up any refund that you may be owed. When we reject the return through the software you are using, you will see a paragraph that explains what you can do to fix and correctly file your return electronically. Refer to 2021 tax filing season begins Feb.Starting with tax year 2021, electronically filed tax returns will be rejected if the taxpayer is required to reconcile advance payments of the premium tax credit (APTC) on Form 8962, Premium Tax Credit (PTC), but does not attach the form to the tax return. To avoid delays in processing, people should avoid filing paper returns wherever possible. The IRS urges taxpayers and tax professionals to file electronically. ![]() Overall, the IRS anticipates nine out of 10 taxpayers will receive their refund within 21 days of when they file electronically with direct deposit if there are no issues with their tax return. Taxpayers will need to check Where's My Refund for their personalized refund date. This would be the same experience for taxpayers if the filing season opened in late January. The IRS anticipates a first week of March refund for many EITC and ACTC taxpayers if they file electronically with direct deposit and there are no issues with their tax returns. The law provides this additional time to help the IRS stop fraudulent refunds and claims from being issued, including to identity thieves. Under the PATH Act, the IRS cannot issue a refund involving the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) before mid-February. With so many returns in the IRS queue, there will be processing delays. Any returns filed ahead of the official start date will be pending. The IRS began accepting and processing 2020 income tax returns on February 12.
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