turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

There are three individuals on the Marketplace statement, how do I calculate the percentage

The Turbo Tax software says to contact Turbo Tax on how to calculate the percentage for the health care credit.

 

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

There are three individuals on the Marketplace statement, how do I calculate the percentage

If you have an individual who is on the plan but on a different tax return, you have to prorate the amounts in a manner that is acceptable to all parties. There is no one way to do this. all amounts must add up to 100%. You can take 100% on one return and 0% on the other. You can divide by thirds. You may want to play around with figures to see what ends up being the most advantageous for everyone.

There are three individuals on the Marketplace statement, how do I calculate the percentage

The answer above applies if there was Advance credit (column C of the 1095-A).  If there was NOT any Advance credit, the answer if very different.

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question