Form 1095A, rejected refund because of dependent

[Anonymous]

Hello all,

I work for a company and had my insurance all year through them. I got 1095-B.

My brother is my DEPENDANT because he lives with me and attends college.

In 2021, my dad (who lives 50 miles away) got himself and my brother insurance via marketplace. My dad got a Form 1095-A. It has the policy number and January - December premium amounts (For BOTH him and my brother).

Basically, my brother is MY DEPENDANT, however, the one that received 1095-A was my DAD for my brother (Because he's the one that paid for insurance for them).

Since my taxes are getting rejected for not inputting 1095-A on MY tax return, what is the correct procedure?

1. Does my dad input the 1095-A on his tax return? Do I include in my tax return? Or both of us include it?

2. Lastly, if we both enter it, do we enter Jan-Dec amounts exactly as shown or try to divide that by 2 or something?

[DawnC · Accepted solution]

You both need to enter the Form 1095-A on your respective tax returns.   Your tax return keeps getting rejected because your dependent (your brother) has a 1095-A out there.  After you enter the form, there is a button that says ''I shared this policy''.   Clicking on that button will allow you to divide the policy with your dad in any manner that you two agree on.   You can choose to allocate 100% of the policy and advance premium tax credits on your return or your dad's return, or you can split it 50/50, 80/20 or any other percentage set that adds up to 100.

When you enter the Form, enter it exactly how you see.   TurboTax will do the division when you indicate how you want to allocate the policy.  Just make sure that when you dad does his tax return, he allocates the amount (0-100%) you have agreed upon and that the total of the columns between your two tax returns equals 100%.   This is necessary to prevent any delays in filing.

You will have to see which option is best for you and your dad.   Since the policy was in his name, he may have already received advance premium tax credits for your brother that he doesn't qualify for because your brother is your dependent.  Being able to allocate the premiums and advance tax credits may allow him to avoid having to pay anything back (assuming he took the advance credit).

[Anonymous]

I really appreciate your answer. Thanks!