MarilynG1
Expert Alumni

Get your taxes done using TurboTax

In the case of a shared policy where you want to allocate a different % to each policy holder, you would need to enter all the allocations.

 

If your wife is claiming 100% of the allocations, your children simply enter the 1095-A and indicate 0% as their allocation.

 

Since the policy number is listed on all returns, the IRS won't have a problem seeing that 100% allocation is on your return, and 0% on the other two.

 

The IRS instructions refer to a situation where %'s are being allocated among policyholders.

 

Here's more info on How is the Premium Tax Credit Calculated?

 

@keitholander01 

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