Child no longer a dependent is on my healthcare marketplace. Does that affect my subsidy? I still pay for his health insurance.

My son did not claim any healthcare on his tax return.

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1 Best answer

Level 9

Jun 4, 2019 1:30:41 PM

Yes it will.

You household size on your tax return is now smaller, so you qualify for a smaller Premium Tax Credit ("subsidy").

You also need to enter and "allocate" the 1095-A on both your tax return and your son's tax return.

Level 9

Jun 4, 2019 1:30:41 PM

Yes it will.

You household size on your tax return is now smaller, so you qualify for a smaller Premium Tax Credit ("subsidy").

You also need to enter and "allocate" the 1095-A on both your tax return and your son's tax return.