Deductions & credits

You need to allocate policy amounts (enrollment premiums, SLCSP premiums, and/or APTC) on a Form 1095-A between your tax family and another tax family if:

1. The policy covered at least one individual in your tax family and at least one individual in another tax family; and
2. Either:  a.) You received a Form 1095-A for the policy that does not accurately represent the members of your tax family who were enrolled in the policy (meaning that it either lists someone who is not in your tax family or does not list a member of your tax family who was enrolled in the policy), or b.) The other tax family received a Form 1095-A for the policy that includes a member of your tax family.

Allocating Policy Amounts

You have to indicate you shared the policy with the 3 non-dependent children, and each of them has to indicate they shared your policy.    Examples

Change in circumstances affecting SLCSP.   If you had a change in circumstances during 2024 that you did not report to the Marketplace, the SLCSP premium reported may be wrong.   Examples of changes in circumstances that may affect your applicable SLCSP premium include the following:

• You enrolled an individual newly added to your tax family during 2024 (for example, a newborn).
• An individual in your tax family was enrolled in your qualified health plan for some but not all of 2024.
• An individual in your coverage family became eligible for or lost eligibility for employer coverage or other MEC during 2024.
• You are including an individual in your tax family for the year of coverage but you did not indicate to the Marketplace at enrollment that you would do so.
• You indicated to the Marketplace at enrollment that you would include an individual in your tax family for the year of coverage but you are not doing so.
• An individual enrolled in the coverage died during 2024.
• You moved during 2024.

If any of the above apply and you did not notify the Marketplace or if you have reason to believe the Marketplace reported the wrong applicable SLCSP premium, determine the correct applicable SLCSP premium for the months affected.    To determine your applicable SLCSP premium for each month, see Pub. 974 or, if you enrolled through the federally facilitated Marketplace, go to HealthCare.gov/Tax-Tool/. 

Allocation Situation 3. No APTC

[Edited 02/18/25 |  11:20 am PST] @tandmdye