1095-A After Divorce

[TeresaM]

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

[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%. 

[TeresaM]

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.

[ChrisA87]

Did IRS instruct you to submit 1095A since you had coverage or not having the need to since you did not have coverage? 

[RobertB4444]

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.

@ChrisA87