topic 1095A help with allocating %. 1 child is claimed as college student. Other isn't but on ACA. Help please in Get your taxes done using TurboTax

1095A help with allocating %. 1 child is claimed as college student. Other isn't but on ACA. Help please

princessloie — Tue, 04 Jun 2019 00:16:13 GMT

When you enter your 1095-A, you indicate that you 'shared...

MarilynG — Tue, 04 Jun 2019 00:16:14 GMT

When you enter your 1095-A, you indicate that you 'shared' the policy. Enter the Social Security Number of the person who is not on your tax return.

If there are three of you on the Policy, you could use an Allocation of 66% on your return, for example.

When that child files their own return, they indicate also that they 'shared' a policy (with your SSN) and that their Allocation is 33%. The Allocations can be split any way, as long as they total 100%.

Here's some info to help you:

https://ttlc.intuit.com/replies/5295824

Re: 1095A help with allocating %. 1 child is claimed as college student. Other isn't but on ACA. Help please

godsgirltara — Mon, 02 Mar 2020 04:29:28 GMT

My son was shared with me on the ACA. I am no longer able to claim him as a dependent on my taxes. I have typed in his SSN and then allocated 50 Premium Percentage, 50 SLCSP Percentage, and 50 Advance Payment of the PCT Percentage... It keeps saying I have 6 errors after correction, what am I doing wrong?