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10-14-2017 04:49 PM
Married and both self-employed.
I think that i recall reading that you could NOT E-flle your returns if you had to pay back EXCESS advance premium payments. I can not find where I read that....was it in the HR Block program or some IRS Publication?
HOWEVER in my case, I was allowed a small Net Premium Tax CREDIT (Line 69) since my income was lower than I estimated this year. MY QUESTION is, am I allowed to E-file or must I shlup over to the post office to mail it in?
10-14-2017 04:54 PM - edited 10-14-2017 04:55 PM
Most software providers will allow you to e-file as they should. However, from what others told me in their posts a while back, last year you couldn't e-file with this situation with Block but hopefully you can by now. I think it was something in the Block software that you saw.
The best advice I can give you on this one is try to e-file first and then if it doesn't work head for the post office because e-file will end for 2016 returns once the extended filing deadline passes on October 16th (Monday).
10-14-2017 05:48 PM
Just found YOUR post to me from LAST YEAR with same question......so it must have been a HR Block program issue and NOT an IRS requirement. Here is what u said last year.....
10-13-2016 11:12 PM
Welcome to the community.
You can e-file with both the premium tax credit & the self-employment deduction, however you cannot do with the H&R Block software.
This is an issue that came up this year for a lot of people and hopefully it will be fixed by next tax season. Until then some alternatives include paper filing your tax return, allowing an H&R Block tax professional to complete your tax return with you, or (although I usually stay away from suggesting this since we are in an H&R Block forum) you can e-file through TaxAct or TurboTax with this situation since both of them will perform the necessary calculations & file the return for you (going based on what other people have been saying).
Hope this helps you out.
SO LOOKS LIKE I WILL BE ABLE TO E-FILE NOW FOR MY 2016 RETURN SINCE I AM SURE BLOCK HAS FIXED IT BY NOW....THANKS!