topic Young adult, filing as single. how do I report my health insurance when premium was paid by head of household for family policy which included me. in Deductions & credits

Young adult, filing as single. how do I report my health insurance when premium was paid by head of household for family policy which included me.

bobhallwig — Sat, 01 Jun 2019 14:59:33 GMT

Was it a Marketplace policy? Through his/her work?

Coleen3 — Thu, 06 Jun 2019 07:53:42 GMT

Was it a Marketplace policy? Through his/her work?

this taxpayer was included in family policy bought thru H...

bobhallwig — Thu, 06 Jun 2019 07:53:43 GMT

this taxpayer was included in family policy bought thru Healthcare Exchange. entire premium paid by father. Turbo tax doesnt seem to address this situation and is asking for premium info

You can indicate that you shared the policy and prorate....

Coleen3 — Thu, 06 Jun 2019 07:53:45 GMT

You can indicate that you shared the policy and prorate. The pro-rations must add up to 100%. You can also click on the blue link. What percentage of the following policy amounts do you want to claim on your tax return? See "How do I figure out these percentages?" when you get to that screen.

Child/Children on another tax return

If you share a policy with someone who is claimed on another tax return (usually a child), you can take the number of people on your tax return who are covered on that plan and divide it by the total number of people on the plan. This would be your percentage of premiums, SLCSP and advanced payment of the premium tax credit, unless you agreed on a different number beforehand.