Here is the scoop ... on your return you will NOT enter the child, only you and your spouse. Then the child will enter only their infom from the 1095-A on their return. Then the allocation game begins ... between your joint return and the child's you need to decide on how to allocate the credit. You can use any % division you like as long as 100% of the credit is taken between the 2 returns. 100/0, 70/30, 60/40, 50/50, etc. In my experience, the child who has the lower income usually gets more credit than the parents so if you work together you can use this legal loophole to your advantage.
