Deductions & credits

@AmeliesUncle Last question here for ya- got the updated numbers for column B and updated the SLCP on the parents plan. For the child’s plan will the SLCP be the same as the parents (because they were on the same policy) or 0 (because child was ineligible for  marketplace)?

 

From what I have heard also it is more advantageous to allocate 100% to the child however this situation is unique in that the child made more in 5 months than the parents did in the full year which is why intuitively for me it’s been more difficult to understand. The best allocation in the system (I’ve tried literally every allocation possible) still seems to 95-5 and I’m not sure why but I guess that’s what we’ll go with over here.

 

Again I so very much appreciate your help and am learning so much!