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K2taxCC63
Returning Member

1095A

Helping girlfriend with taxes.

Her son is 19 and on her 1095A in Massachusetts.   She does not claim him on her taxes.  The turbo tax question is anyone else covered on this.

 

Yes or no.  Im thinking the answer would be yes based on the situation above.  It then asks for his social.

 

Does anyone know if this should be answered yes?

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6 Replies
PattiF
Expert Alumni

1095A

Yes, that would be the answer to the question.

 

If your girlfriend did NOT tell the Healthcare Marketplace (usually when they applied for health insurance) that her son was not going to be her dependent, he will NOT receive a 1095-A of his own.  

  • She will need to give a copy of her 1095-A to her son so that he can enter it on his tax return.  On the screen after entering the 1095-A, you will check the box indicating that the policy was shared by somebody that is not on your tax return.  It will then prompt you with further questions to determine how much of it is "allocated" to you (even if it is 0%). Her son would follow this same procedure.
  • If there was Advance credit received (column C of the 1095-A), your girlfriend has the option to claim 100% of the 1095-A on their tax return, or to "allocate" part (or all) of it to you.  If you both agree, the allocation can be anywhere from 0% to 100%.  If you can not agree and Advance credit was received (column C on the 1095-A), then it is divided by the number of people on the insurance policy.  For example, if the insurance policy covers 4 people, each person is allocated 25%.
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K2taxCC63
Returning Member

1095A

Thank you.

One additional detail. The 19 year old son is claimed by his Dad on his taxes.  Does that change anything?... kinda screwy the way they set it up. 😀

K2taxCC63
Returning Member

1095A

And to have the least tax consequences to the son she would put 100% , ?

Thx

ColeenD3
Expert Alumni

1095A

If the son agrees, she can give him 100% of the 1095-A amounts. The two of them can divide the amounts in any way they want, as long as they both agree and the totals add up to 100%.

K2taxCC63
Returning Member

1095A

Hi yrs thank you for responding. 

Sorry to be so un educated on this.

 

Im trying to see how to fill out the form where the son has the least tax burden.  That is what the Mom wants, she wants to take the tax hit.

So would that be 100% on her side and zero on his?

 

Or the other way around.

 

Thx

PattiF
Expert Alumni

1095A

Yes, the son would use 100% of the 1095-A amounts, and the Mom would use 0%.

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