Deductions & credits

Yes, update it on both (assuming all people involved are covered on the same 1095-A).

 

No, there is nothing else to state.   Just use the correct/modified numbers for column B.

 

In most cases it is has the best overall outcome to allocate 100% to one tax return (and in most of those cases, 100% to the kid is best).   Look at Line 5 of  Form 8962 on both tax returns.  Whichever one is lowest, allocate 100% to that tax return.