Allocation of policy percentages
My son who files his own tax return and isn’t our dependent was on our marketplace policy for 4 months along with my husband who is self employed. We agreed to allocate 100 percent of premiums on our tax return and 0 on his. So, on his tax return we entered my husband’s as number and put 0 allocation for my son. But, then when we entered 1095 A it asks for how many months the policy was shared. I put January through April and entered my son’s ss number and put 100 allocation for my husband. Then the form 1095 A has a red exclamation mark and the shared policy allocation information smart worksheet is all red. It shows my son’s social security number, start date January and end April and the premium percentage 100.
WHAT I’m doing wrong???
When I do smart check it says check this entry
”Form 1095 Ashared policy end of month policy allocation for a form 1095 A linked to business, business related premiums smart worksheet below are not supported. If I change from 200 percent to let’s say 75 it says the same thing.
PLEASE, help!
