February 7, 2017 – Beyond the Basics Tax: Avoid Unnecessary APTC Repayment in TaxSlayer

Reporting source: CBPP (Center on Budget and Policy Priorities)

Basically we need to answer ‘No’ to the question “Are you required to repay all of the Excess APTC Received?” unless the taxpayer’s household income is over 400% of FPL (Federal Poverty Line).

———- Forwarded message ———-
From: Halley Cloud, CBPP
Date: Tue, Feb 7, 2017 at 2:00 PM
Subject: Beyond the Basics Tax: Avoid Unnecessary APTC Repayment in TaxSlayer!

Tips to Avoid Unnecessary APTC Repayment!

TaxSlayer recently introduced a new question on the premium tax credit. If you’re not careful, you may accidentally remove the repayment cap and charge your client with a much higher PTC repayment.


APTC repayment is capped, by income, for most taxpayers.

This question is really asking: is the taxpayer liable for unlimited APTC repayment? The answer is almost always NO. The repayment cap applies to the vast majority of taxpayers.

Only answer YES if the tax return:
• Shows income over 400%
• Includes an undocumented individual who received APTC
• Has a person who was eligible for the Trade Adjustment Assistance Health Care Tax Credit (HCTC)

For more detailed information, see the following resource:

Quick Guide: Tips to Avoid Unnecessary APTC Repayment
Download quick guide (PDF)

Talk to us. We want to hear from you about the problems you and your volunteers are facing with ACA or TaxSlayer, and where we can help. Email beyondthebasics@cbpp.org with questions or issues.

For more information and resources, please visit Health Reform: Beyond the Basics / For Tax Preparers.

Health Reform: Beyond the Basics is a project of the Center on Budget and Policy Priorities designed to provide training and resources that explain health coverage available through Medicaid, CHIP, and the Marketplace. The “For Tax Preparers” project includes resources and training for volunteer tax preparers, which are designed to help them with the ACA-related components of tax returns. For more information, please visit www.healthreformbeyondthebasics.org/for-tax-preparers.

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