Vanessa A
Expert Alumni

Deductions & credits

So, assuming okay to just bypass with these errors? I am assuming calculations would still be correct?  The calculations are likely correct, however, if it is giving you an error, it will not likely allow you to e-file. What exact error is it giving you in regards to your daughter? Is it telling you that she is not on the return or something else?

 

Lastly, in reading about the Premium, SLCSP, PTC percentages I need to enter; it sounds like we can calculate, or we can come up with an agreed percentage between myself and my daughter, correct?   Example: I could say 75% then my daughter would need to put 25% on her taxes as long as it adds up to 100%, correct? Yes, this is correct. You can allocate in any manner you choose to.  You can even allocate 0% and 100% as long as it totals 100%. 

 

Also, turbo tax in its little help section states to leave the "SLCSP Percentage blank" in my situation; just to fill out the PTC and Premium percentage, Is that correct?  Is the SLCSP not on your 1095-A? What is your exact situation that it is saying do not enter this?  The  SLCSP is generally used to calculate your Premium Tax Credit

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