ThomasM125
Expert Alumni

Deductions & credits

You need to enter the form 1095-A information in TurboTax and that will generate the form 8962.

 

Since you already file your tax return, you need to choose the "Amend Return" option on your home page in TurboTax to get back into your return. Once you are finished and have printed out the form 8962, there is an option to cancel the amendment if you want, but it is not necessary.

 

To enter the form 1095-A information in TurboTax, do the following:

 

1. In the Federal section of TurboTax, go to the "Deductions and Credits" section

2. Find the "Medical" section, then click on "Affordable Care Act (form 1095-A)"

3. Enter the information from the form 1095-A

4. You'll see an option to indicate that you shared the policy with someone else, click on that option

5. You'll have an option to enter your parent's social security number and indicate what percentage of the premiums belong to you

 

When you are done, print out the form 8962 and mail it to the IRS along with your form 1095-A.

 

 

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