I received a 1095-A for Marketplace health insurance from 2021. The heath insurance policy was only my wife at the time, and she is the only one listed as "covered individual." (I had separate health insurance thru my job at the time.) However I am listed as the "Recipient" on the form in box 4, and my then wife is listed as "Recipient's Spouse" in box 7. The health insurance was for coverage from Jan. 2021 to June 2021 again, for just my wife. We were however then divorced as of Dec. 2021. I am now filing as single as is my now ex-wife. How do we handle this form on our returns? On my return or my ex-wife's? Thank you!
@DawnC wrote:Since you are the recipient, it must go on your return. The Premium Tax Credit has to be reconciled, but you can ''share'' the policy with her tax return.
No, no.
If she is the only covered person on the 1095-A, it ONLY goes on her tax return. It does not matter if you are the "recipient" or not - it does not go on your tax return.
Since you are the recipient, it must go on your return. The Premium Tax Credit has to be reconciled, but you can ''share'' the policy with her tax return. If you have amounts in Column C, you received an advance. After you enter the form on your return, TurboTax will ask you if you want to share the policy with someone else. If you want to move those subsidy payments to her, you can mark that box and enter her information.
You and your ex should agree on what percentage of those amounts you’ll claim on your return, and what percentage she will claim on hers. You can use anything from 0-100%, as long it all adds up to 100%.
Thank you! One further clarification just to be sure: Everything in Turbo Tax starts out asking if and refers to this as a "shared policy" however again, the policy was completely separate, in my wife's name, and paid for by her. She was the only covered individual. Yet, I am listed as the Recipient. So this still applies as you stated? Last, does my ex-wife need to also file this on her tax return should we split 50/50? Or still if I assume 100% of it? Thank you so much!
@DawnC wrote:Since you are the recipient, it must go on your return. The Premium Tax Credit has to be reconciled, but you can ''share'' the policy with her tax return.
No, no.
If she is the only covered person on the 1095-A, it ONLY goes on her tax return. It does not matter if you are the "recipient" or not - it does not go on your tax return.
I am in this exact same boat. I signed up for health insurance under my now ex husband who did NOT have insurance through the marketplace. The 1095-A has him listed as the recipient and me as spouse. I am the only listed covered and had the premium credits for my policy only. It appears I would be the only one filing this on my single tax return (we are now divorced ) as he did not have a policy covered. Did you find out how to go about this last year? Did she just enter it on her return?
I am in this exact same boat. I signed up for health insurance under my now ex husband who did NOT have insurance through the marketplace. The 1095-A has him listed as the recipient and me as spouse. I am the only listed covered and had the premium credits for my policy only. It appears I would be the only one filing this on my single tax return (we are now divorced ) as he did not have a policy covered. Did you find out how to go about this last year? Did she just enter it on her return?
Yes. She reported it on her return. If I remember right, I think I finally talked to someone at IRS and they instructed me to do that.
If you are listed as a covered person on the 1095-A, even if the main policy is in another persons name, you will need to enter the 1095-A on your return, unless you are claimed by a dependent on someone else's return.
Here is how I fixed it...In my case, it was a child's SS number that I claim that was covered by the exhusband on ACA.
My ex carries medical insurance through the ACA for BOTH kids. Sooo, my return kept getting kicked back with e-file reject F8962-070. I figured out that I had to answer 'yes' to did you receive a 1095 A (even though I did not - but, the child I claim is covered by the 1095A), then open the forms section and filled in the 1095A (because the TT program will NOT walk you through this) and filled in the recipient as the ex, then the insured as our child that I claim. Then , I did have his 1095A so I filled in the columns correctly from that form ...and THEN below the columns of months (line 33) there is a small section "Shared Policy Allocation Information Smart Worksheet" in a box that asks how much of the PTC I am splitting with the other person. I put zero 0 in these sections and my ex's social security. Once you put zero 0 in the "Shared Policy Allocation" section you will see your refund amount go back to what it was before you put in the 1095A. This seemed to work as my return was finally accepted after 4 fails and not finding any help on this site or others.
You can solve this by using the "shared policy allocation information smart worksheet" in Turbo Tax by switching to "forms" and opening it manually. Turbo Tax will not prompt you for this problem.
It goes on BOTH tax returns, but they both have to open 'forms' and go to the 1095A and fill in the section below line 33 that asks how to allocate the PTC.
In these divorce situations you must open 'forms' and go to the 1095A in Turbo Tax and fill in the section below line 33 that asks how to allocate the PTC. Of course, you must also fill out Section 1 and 2, but the "Shared Policy Allocation Section" is how to solve these problems if one or the other of you are on the form and should not be.
My parents had health marketplace from Jan2022 -Sept 2022. They got divorced Sept 2022. My dad is a recipient and my mom is also a recipient under spouse. My mom is the only one covered and my dad is on Medicare . What would be the correct way to file a share allocation on both tax returns? Does my mom need to file a tax return even though she has no income? They did receive aptc for 9 months based on my dads income and him being the primary tax filer. Any suggestions would be much appreciated. Thanks
Your father must include the 1095 A in his tax return since he is the recipient.
@DawnC wrote:
Since you are the recipient, it must go on your return. The Premium Tax Credit has to be reconciled, but you can ''share'' the policy with her tax return.
@ShirlynW Thank you for your help. Does turbo tax automatically reconcile the premium tax credit once my parents agree on what percentage to share allocation?
The reconciliation will take place at the IRS and they will add up all the allocations for returns with this policy and be sure it does not come to more than 100%.
@Chiefs80
@TeresaM im a little confused where you said make sure it does not come to be more than 100% ? What would be the best share allocation so it’s no rejected on turbo tax? They could do 50/50 shared allocation or would it be better if my mom took 100% share allocation with no income and my dad takes 0% since he had Medicare. Or have my dad take 100% shared allocation with only social security income and my mom 0%.
TurboTax will not reject the return but since the policy was shared, the IRS will look at the two returns and see if the allocations match. If both people claim 100% or both claim 75%, then it will go to a review process there and slow things down. If one person claims 100% and the other 0%, or both claim 50% they will match and the IRS will process them.
Did IRS instruct you to submit 1095A since you had coverage or not having the need to since you did not have coverage?
The 1095-A should list all of the individuals covered under the marketplace plan. If you are listed then you need to enter it onto your tax return. If you are not listed then you do not.