I have 2 questions.
First, an apology for the long post but I've been chasing my tail trying to get an answer. Even from TurboTax professional I chatted with.
Some background:
I retired in May 2023 and got a healthcare plan from healthcare.gov. I have 2 children and am a widower. My son is an adult and disabled and gets Medicare/Medicaid and my daughter is an adult but is a full-time college student. Both kids have part time jobs and file their own returns. I can only put my daughter on the healthcare.gov plan because my son can't since he already receives Medicare/Medicaid.
I usually claim my son as a dependent but with his SSDI and income on the MAGI, I owe a lot back to the govt on my return based on our actual household income in 2023 for our ACA premium help. If I don't claim him as a dependent my understanding is I don't add his income and SSDI to the household income for the ACA premium subsidy which lowers the amount of ACA subsidy I have to pay back on my return.
1. Is that ok that I don't claim him and remove his income from MAGI? Anything I'm missing here? Can I claim him in the future?
2. Does my daughter who I will claim as a dependent need to do anything with her return re: the 1095-A? Does she answer no to having healthcare via ACA? Or yes? If yes does she need to enter any 1095 info on her return? I am the recipient of the ACA plan and she is a "covered individual". She paid nothing for the plan. TurboTax keeps telling her she should enter 1095 info or certify she didn't receive a 1095 on her return because she answered yes to having healthcare.gov plan and to allocate the %, etc..
Then on the review of her federal info it generates an error saying the recipient SSN (me) claims her as a dependent and to delete the 1095 from her return. Sooooooo confused...
