Get your taxes done using TurboTax
If you share the policy with another taxpayer, you will want to mark YES on the screen titled Policy shared with another taxpayer. This screen will appear after you enter the details of your 1095-A form. You and the other person you share the policy with (whoever claims the children as dependents) can shares the premiums (column A) and advance premium tax credits (column C) in whatever way works best for your family.
You can share the amount on the policy 50/50 or you can claim all of it or the other taxpayer can claim all of it. It doesn't matter how you allocate the amounts as long as they add up to 100% between your 2 tax returns. Answer YES on the shared policy screen and you will be able to edit the amounts you share on the following screens.
You could share a Marketplace policy with any of the following:
- Someone with whom you share custody of a child
- A former spouse
- A person who now claims your child as a dependent on their taxes
- A person you used to live and file taxes with
- A parent or an adult child
If someone on your 1095-A isn't your dependent or your spouse, and doesn't file taxes, you'll have to repay any discount you got to help pay for health insurance.
