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Get your taxes done using TurboTax
Follow up question. My daughter was claimed as a dependent last year for the marketplace insurance but doesn’t qualify at the end of the year as she made too much and isn’t a dependent. I’ve received premium tax credits… she’s listed on 1095 A. On her return I put “0” percentage on her marketplace sharing and 100% on mine so she won’t have liability or credits. We didn’t have a lot of income as we retired January 2021. Will the IRS or TurboTax get these#s figured out and adjust the 1095a #s so everything balances out? My marketplace insurance agent is upset but I had no idea my daughter wasn’t a dependent!! Kinda worried the agent seems to think I need to get my daughter her own insurance!!
February 6, 2022
9:40 AM