1095A.

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

414

1 Best answer

Expert Alumni

Apr 8, 2022 1:28:37 PM

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.

Expert Alumni

Apr 8, 2022 1:28:37 PM

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.

Level 1

Apr 8, 2022 1:40:22 PM

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

Should I still claim 100%

Expert Alumni

Apr 8, 2022 6:12:31 PM

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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1095A.