JamesG1
Expert Alumni

Get your taxes done using TurboTax

You may claim the children as dependents but the IRS knows that the children were covered with health insurance through the marketplace.

 

You will need to receive a copy of the 1095-A and discuss with your ex-spouse to determine how the 1095-A from the Healthcare Marketplace will be handled.

 

You also will enter the IRS Form 1095-A at Federal / Deductions & Credits / Your tax breaks / Medical / Affordable Care Act (Form 1095-A).

 

At the screen Let us know if these situations apply to you, click I shared this policy with another taxpayer who's not on my taxes.

 

At the screen Since this is a shared policy......, include the other taxpayer's 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.

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"