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Get your taxes done using TurboTax
Yes, you will allocate a portion of the premiums and the credit to her. To do this in TurboTax, you will select, I share this policy with another taxpayer not on my return. You will need to enter the 1095-A exactly as it appears, then you will be asked what percent you are allocating.
If you pay the premiums, you can allocate 100% to yourself or less. Your daughter will need to allocate the rest of it to her. If you choose 100%, then she will choose 0%. As mentioned above, you can choose the percent that is most beneficial to you and your daughter.
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‎February 8, 2023
9:15 AM