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If you got a subsidy - technically an Advance Payment of the Premium Tax Credit - you don't need to repay any excess advance payment for 2020.

And if you've filed already, you're probably in the same boat as the early unemployment filers - wait a bit for the additional refund until the IRS figures out how to handle it.

I'll watch for further information from the IRS to see what actions I need to take, since we've already filed our 2020 taxes and included our healthcare expenses in our Schedule A.

So, I finally got my refund from the IRS, and it did appear to reflect the forgiveness of the Excess Premium Tax Credit. Although the amount was just a little bit off (in our favor) of what I was expecting.

Am I correct to assume that I will receive some documentation from the IRS indicating exactly how they came up with this figure?

Because I included our medical expenses including insurance premiums on our schedule A, I will now need to file a 1040-X to make it right. Because it comes out very close to break even between itemizing and taking the standard deduction after this change, I intend to just take the standard deduction now.
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