topic 1095-A form with covered individual that does not qualify as a dependent? in Deductions & credits

1095-A form with covered individual that does not qualify as a dependent?

KM1012 — Wed, 29 Jan 2025 16:42:49 GMT

I received 4 1095-A from for my self and 3 sons. One son will not qualify as a dependent, due to 20204 income of $9,100.00. He will be filing his own taxes. We took the the advance premium credit. We did not need to pay any premiums. So ...

1. Do I need to just not add his 1095-A form on my return?

2. Do I need to fill out a 8962 form to allocate premium to him?

3. Will he need to add info from 1095-A info to his tax return, when asked?

It also seems that i am to fill out 8962 from but the Turbo Tax software never asks not brings it up as I proceed>

Thank you,

Re: 1095-A form with covered individual that does not qualify as a dependent?

Mike9241 — Wed, 29 Jan 2025 17:04:06 GMT

since he got his own 1095-A and is not a dependent on your return, it is not reported on your return. he must file his own return and include it

if he was not included on your 1095-A, then nothing more needs to be done with regard to him on your return.

Re: 1095-A form with covered individual that does not qualify as a dependent?

BillM223 — Wed, 29 Jan 2025 17:19:41 GMT

If you paid for your non-dependent's insurance, you will still refer to him on your return.

Do not add that son's 1095-A to your tax return.
However, you will report that 1095-A as a shared policy. Under "Let us know if these situations apply to you***", you will see:
- "TurboTax will ask you if "I shared this policy with another taxpayer who's not on my return".
- When you check this box, you will be asked a series of questions.
- When asked for allocation percentages, answer 100****

When your non-dependent son does his return, he enters his own 1095-A. he will also indicate that he has a shared policy. He will need your Social Security number. He enters 0 (zero) as the percentage of this allocation.

For your dependent sons, add the 1095-A forms. Again, when asked, allocate 0% to your two dependent sons.

TurboTax fills out the 8962 based on your input; you never see it directly.

***This is from the desktop version of the product - the wording may vary for the Online product.

**** The allocation numbers are up to you - so long as the numbers add up to 100%, you can allocation the premiums and PTC any way you like. However, since, presumably you paid for the insurance, it's normal that the parent take 100% and the children take zero percent.