JamesG1
Expert Alumni

Get your taxes done using TurboTax

I am listed as policy holder on my adult child's 1095-A form. 

 

It sounds like your child is listed on your IRS form 1095-A form?  Is that correct?  Does the child file their own income tax return separate from yours?

 

If this is the case, your IRS form 1095-A information needs to be reported on each tax return.  If this is not the case, please clarify.

 

I have no idea whether or not you signed up correctly since the facts are not clear.

 

In TurboTax Online, follow these steps:

 

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Deductions & Credits.
  • Scroll down to Medical.  Click the down arrow to the right.
  • Click Start / Revisit to the right of Health Insurance Marketplace (Form 1095-A).
  • At the screen Policy shared with another taxpayer, click Yes to the question Did you share this policy with another taxpayer who is not included in this tax return.
  • At the screen Tell us more about your shared policy, include the taxpayer information.

 The IRS requires that your percentages are agreed upon by all and that the percentages add up to 100%.

 

  • Your Premium Percentage
  • Your SLCSP Percentage, and
  • Your Advanced Payment of PTC Percentage.

 Taxpayer 1's tax return should reference taxpayer 2.  Taxpayer 2's tax return should reference taxpayer 1.

 

See also this TurboTax Help.


 

 

 

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