In your return you can claim up to 100%. This means when your daughter prepares her return with the 1095A information, she needs to report 0%. If she claims 100% also, her return may be electronically filed but at some point, both of you may receive a letter from the IRS asking you to correct the percentage allocations once the 1095A information from both returns is reported. It is then that the mismatch in percentage allocations will be discovered.
There is no rule in the IRS tax code that stipulates what the percentage allocations should be. A equitable allocation though should be 50/50 but that is just my opinion.
@normhaas
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
