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Level 2
April 8, 2022
Solved

1095A.

My son shared healthcare markeplace Insurance with me and my wife for 2 months.. I am doing my taxes now. What percentages do I enter for premium,SLCSP and Advance payment of PTC percentage on my taxes.

What should put in for when allocation started and stopped.

Thank you

TomK2023Answer
Alumni - Intuit
April 8, 2022

The IRS requires that your percentages are agreed upon by all and that the percentages add up to 100%.

 

You may claim all 100% on your tax return as long as it is agreed upon.

 

 

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3 replies

TomK2023Answer
Alumni - Intuit
April 8, 2022

The IRS requires that your percentages are agreed upon by all and that the percentages add up to 100%.

 

You may claim all 100% on your tax return as long as it is agreed upon.

 

 

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
kappiah11Author
Level 2
April 8, 2022

My son already claimed 33% for Jan and Feb when did his taxes ?

Should I still claim 100%

MarilynG
Alumni - Intuit
April 9, 2022

No, if you shared a policy with your son and he indicated on his return that his share was 33%, you would need to indicate that 67% was your allocated share (so the total is 100%).  The % doesn't apply to any certain months; it applies to the totals on the 1095-A.

 

Click this link for more info Allocating a Marketplace Premium. 

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