Do I have to enter 25% in all three percentage boxes(premium, advanced payment of PTC and SLCSP) if I was a dependent on my parents insurance, 4 people on the same policy

[kairavi-shah98]

I was a dependent on my parents market place insurance, but not a dependent on their tax returns. both my parents, my sister and I were on the same policy. Under allocation of policy amounts, should I enter 25% in all three boxes- namely premium percentage, advanced payment of PTC percentage and SLCSP perencentage? or is the SLCSP percentage box left blank? I read that somewhere that SLCSP percent box is usually left blank. is that true for everyone?

[Vanessa A · Accepted solution]

You will enter the 25% in all three of the boxes.  

Be sure that your parents are not claiming 100% if they paid the full premiums for everyone.  The amount that is allocated needs to add up to 100%.  This means they can claim 100% or 75% and you would claim the remaining amount. 

[kairavi-shah98]

Thank you for the answer. 
I also wanted to confirm that out of the 4 people if my sister doesn’t file a tax return due to income being below the threshold. Does that affect the percentages in any way?

[Vanessa A]

No.  The percentages are not based on the number of people filing taxes who are on the policy.  Meaning her filing status does not affect you. 

However, anyone who is not a dependent on another persons return and has coverage through the marketplace, does need to file a return regardless of income.

If you had Marketplace coverage at any point during 2024, you must file your taxes and "reconcile" yo...