turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies
IsabellaG
Expert Alumni

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

Yes, you must include the Modified Adjusted Gross Income for any member of your household that you claim as a dependent  who files a return for themselves.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
dandubois
Returning Member

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

Where? The line for entering a child's MAGI is no longer in the spot it was in last year's software (?)

JosephF8
Expert Alumni

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

We are aware of this situation. Please keep checking back for updates.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
JosephF8
Expert Alumni

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

This issue has been resolved. You will find an entry box in the interview after telling it. You have a dependent who needs to file a separate return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do I need to report my child's income (who is19-24 y/o full time student and I file her as my dependent on my Tax returns) in the section of 1095A (healthmarket) as MAGI

Whether a dependent's MAGI gets reported depends on the dependent's income. The IRS instructions and worksheet for Form 8962 Screen Shot 2020-03-09 at 4.31.30 PM.pngexplicitly say that a dependent's MAGI is included in the household MAGI if the dependent is REQUIRED to file a tax return (not just filing to claim refund of withholding). If income is below the required filing threshold, there is no requirement to include it in this section. Turbotax simply does not handle this correctly which can cause folks to overpay their taxes.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies