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