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I'm on my parents' 1095-A form. What do I do on my return?

SOLVEDby TurboTax517Updated July 27, 2021

If you're listed as a dependent on your parents’ tax return, you won't have any health insurance questions to answer on your own return. TurboTax will tell you Since someone is claiming you on their 2020 taxes, you don't have to complete Health Insurance.

At enrollment, your parents told the Marketplace that you aren't on their return. That’s why you received your own 1095-A to enter its info on your return.

When TurboTax asks you if you are sharing your health plan, don’t check the box.

In this case, TurboTax will ask you to enter a 1095-A. You'll enter the info from your parents' 1095-A. The next screen will ask you about your health plan being shared, so check the box.

Then you'll see a screen asking for shared policy info. You enter the following:

  • Enter the social security number in box 5 (recipient's SSN) on your parents' 1095-A
  • Enter the starting month and ending month that you had the insurance

Now you'll be asked to enter percentages for Your Premium, Second lowest cost silver plan (SLCSP) and advanced payment.

You should see amounts on your parents’ 1095-A, column A, B, and C. You and your parents should agree on what percentage of those amounts you’ll claim on your return, and what percentage they’ll claim on theirs. You can use anything from 0-100%, as long it all adds up to 100%.

Example: Darcy is working and isn't on their parents' tax return. They're on their Marketplace health plan and listed on their 1095-A. Darcy didn't receive a 1095-A in their name.

Darcy's parents have to figure out how much of column A (monthly enrollment premiums), column B (monthly SLCSP), and column C (advanced payments) on the 1095-A will go on their return and how much will go on Darcy's return. It was decided that Darcy will enter 10% of those amounts on their return, and Darcy's parents will enter 90% on their return. They could have decided to have 100% on the parents' return and 0% on Darcy's return.

Since you're on your parents' 1095-A and it has no amounts in column C, but it does have amounts in column B, follow these guidelines:

TurboTax will ask you to enter a 1095-A. You'll enter the info from your parent's 1095-A. The next screen will ask you about your health plan being shared, so check the box.

Then you'll see a screen asking for shared policy info. You enter the following:

  • Enter the social security number in box 5 (recipient's SSN) on your parents' 1095-A
  • Enter the starting month and ending month that you had the insurance

Now you'll be asked to enter percentages. Your parents' 1095-A includes amounts in column B (SLCSP). You need to figure out your share of the total of your parents' column B.

Go to a tax tool on HealthCare.gov and select Figure out your premium tax credit. Just enter your birthdate, zip code, and number of months that you were covered by your parents' insurance. You'll see your SLCSP. Then divide your SLCSP by the total of your SLCSP on your parents' 1095-A. That's the percentage you'll enter in TurboTax.

Example: Riley is enrolled in their parents' Marketplace plan. They didn't receive any advance payment, so the Column C on their 1095-A is blank or zero. For TurboTax, Riley needs to figure out how much is their share of the total SLCSP.

Riley goes to HealthCare.gov and enters their age, zip code, and the 12 months that they were enrolled. The result is $6,000. The total of column B amounts on Riley's parents' 1095-A is $18,000. Riley takes their $6,000 and divides it by the $18,000. It equals Riley's percentage. Riley enters that amount for Your Premium Percentage and Your SLCSP percentage in TurboTax.

If you're on your parents' 1095-A and it has no amounts in column B and C, follow these guidelines:

TurboTax will ask you to enter a 1095-A. You'll enter the info from your parents' 1095-A.

TurboTax needs the amounts in column B to figure out if you and your parents are eligible for a Premium Tax Credit.

Your parents need to use the tax tool on HealthCare.gov  to determine the monthly SLCSP amounts for everyone listed on their 1095-A. You’ll enter those monthly amounts in column B of the 1095-A that you are filling out.

The next TurboTax screen will ask if you shared your health plan, so check the box.

Then you'll see a screen asking for shared policy info. You’ll enter the following:

  • Enter the social security number in box 5 (recipient's SSN) on your parents' 1095-A
  • Enter the start month and stop month that you had the insurance

Now you'll be asked to enter percentages. You need to figure out your share of the SLCSP amounts that you entered on the prior screen.

Go to a tax tool on HealthCare.gov and select Figure out your premium tax credit. Enter your birthdate, zip code, and number of months that you were covered by your parents' insurance. You will see your SLCSP.

Divide your SLCSP by the total of column B (SLCSP) on your parents' 1095-A. That's the percentage you'll enter on the Premium Percentage and Your SLCSP percentage fields.

Example: Joey's enrolled in their parents' Marketplace plan. They didn't receive any advance payments so the column C on their 1095-A is blank or zero. Also, there are no amounts on Column B (SLCSP). TurboTax needs Joey's parents to figure out the total SLCSP for the family by going to HealthCare.gov  It’s $18,000. Joey will enter the monthly amounts on their 1095-A screen.

Now Joey needs to go to HealthCare.gov to get their SLCSP. Joey enters their age, zip code, and the number of months they were enrolled in their parents’ plan. The result is $6,000. Joey takes their $6,000 and divides it by the $18,000. It equals 33%—Joey's percentage. They enter that amount for Your Premium Percentage and Your SLCSP Percentage.

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