We use marketplace insurance with a advanced tax credit for myself, spouse and dependent son. It was only for April until end of year, however the son got a job that provided insurance thus we had him removed after a few months. Thus, our tax credit advance was lowered.
We received 2 1095-A forms from Washington state. One had myself and spouse and included columns A, B, and C amounts. The second one was in my son's name and only had amounts in columns A and B. Zero in C.
I have read whereas I enter 2 separate line items for each form using the same account number, which Turbotax software does not like. Then there are the 3 boxes for each item. I assume I would check box 2 on which form (1 or 2) then it would ask my son's MAGI. He was a student with zero income until November where he had his own insurance and an income. Am I expected to include his income when he was not using marketplace insurance, to my income? If so, that makes zero sense to me. Or do I exclude the income when he began working and was off the marketplace insurance?
Thanks for your advice