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Level 2
April 8, 2022
Solved

1095A.

  • April 8, 2022
  • 1 reply
  • 4 views

My son shared healthcare markeplace Insurance with me and my wife for 2 months.. I am doing my taxes now. What percentages do I enter for premium,SLCSP and Advance payment of PTC percentage on my taxes.

What should put in for when allocation started and stopped.

Thank you

Best answer by TomK2023

The IRS requires that your percentages are agreed upon by all and that the percentages add up to 100%.

 

You may claim all 100% on your tax return as long as it is agreed upon.

 

 

1 reply

TomK2023Answer
Level 15
April 8, 2022

The IRS requires that your percentages are agreed upon by all and that the percentages add up to 100%.

 

You may claim all 100% on your tax return as long as it is agreed upon.

 

 

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kappiah11Author
Level 2
April 8, 2022

My son already claimed 33% for Jan and Feb when did his taxes ?

Should I still claim 100%

MarilynG
Level 15
April 9, 2022

No, if you shared a policy with your son and he indicated on his return that his share was 33%, you would need to indicate that 67% was your allocated share (so the total is 100%).  The % doesn't apply to any certain months; it applies to the totals on the 1095-A.

 

Click this link for more info Allocating a Marketplace Premium

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