1095a Non dependent

[roochie]

My daughter is no longer my dependent but on my 1095a for the full year (under 26 years old) I've done both returns with TurboTax and included the 1095a info on both and appropriately referenced. If I allocate 100% on my return I pay back the 100% of the  premium. If I allocate 100% to her I pay back nothing and because her income is only 28k she gets a huge refund 12K mainly from the return premium credit.

Everything I read says I can allocate any way agreed upon including 0/100% as I have done.

Would this be correct?  Is their a quirk in the legislation that allows this to happen. Seems "wrong".

[MindyB]

Yes, this sounds correct. You are allowed to allocate the 1095-A amounts in any way you both agree upon, including a 0/100% split. The reason for the $12,000 refund for your daughter is that while your high income would require you to pay the full price for insurance, her $28k income qualifies her for free or nearly free coverage. When she claims 100% of the policy, the IRS treats her as an independent adult who "overpaid" for a high-cost plan all year and refunds her the difference.

Here is an article that may be helpful for you: I'm on my parents' 1095-A form. What do I do on my return?