How do I share/allocate to more than 1 person on form 8962?

[rinkydinx19]

Turbo Tax only allows me only to share with one person.  If I try to enter manually on Form 8962 is gives me errors and says that I have to enter on Form 1095-A, but there is only spot on this form

[DianeW777]

It depends!  When you are entering your 1095-A(s) you can add another person by selecting to Add another Form 1095-A for each person that is part of your policy and is not on your tax return. See the image below.

Review the information below and use the link for more details that may help.  

• Parents Policy - Children not on your return

If you're listed as a dependent on your parents’ tax return, you won't have any health insurance questions to answer on your own return. TurboTax will tell you Since someone is claiming you on their 2022 taxes, you don't have to complete Health Insurance.

You may receive more than one 1095-A if you switch marketplace plans during the year, for example, leaving your parents plan and starting your own plan. You can and should add all your 1095-A forms in TurboTax.

If you're on your parents' Form 1095-A, but aren't filing as their dependent, select your situation below for instructions.

[rinkydinx19]

Thank you for your response.  So I set up my additional tax payer as a separate 1095-A, but since this is the same policy #,  Turbo Tax is saying this is a duplicate policy.

[TeresaM]

To clarify, are you sharing a policy with someone who is not on your tax return? 
If so, how many people?
And will they be filing a tax return?
Or are they your dependent but also filing their own return?
There are many possibilities and we can better assist if we understand the details. 

You could share a Marketplace policy with any of the following people who are not on your taxes:

• Someone with whom you share custody of a child
• A former spouse
• A person who now claims your child as a dependent on their taxes
• A person you used to live and file taxes with
• A parent or an adult child

If someone on your Form1095-A is not your dependent or your spouse and does not file a tax return, you'll have to repay any discount you got to help pay for health insurance.

 

[rinkydinx19]

I have a shared policy with 4 indiviudals

I want to share......

9% of the premiums with one "tax payer" filing their own tax return

8% of the premiums with another "tax payer" filing their own tax return.

leaving 83% of the premiums for my return.

I'm having issues on how to record this in turbo tax.  It's saying I need to record through the 1095-A entry, but it is only allowing me to "share" with one other individual.

[TeresaM]

You are correct, you are only allowed to enter one Form 1095-A for a single policy, although if there are more than one policies in the family, you can enter multiple forms.

In TurboTax Online we only have one field to enter one other person who is not on your return but is on your insurance. You put in their SSN, the dates and the percentage allocated to your share of the policy, which can be anything that will add with theirs to not more than 100%.  

We do not have a way to enter directly into the forms and enter more than one other person in the online version. 

We do have a way to do that in TurboTax Desktop/Download.  With that version, you install the application on your computer and you can also file more than one return with the same software, so if you are helping the other people on your health insurance do their taxes, it might be more economical.  It does mean we do not store all of your return online, so you would want to make a backup of the return if you choose this method.

You can download all of your return so far to your computer to add into the Desktop version.
This TurboTax Help article has instructions for making the transfer. 

If you do this, when you have the Desktop TurboTax you will be able to switch between the interview mode we use in online and Forms mode, where you see the actual forms in the return. 
Form 8962 looks like this in the allotment section. You can add up to 4 other people

 

If you wish to continue in TurboTax Online, there is a workaround but the IRS changes procedures sometimes and it may slow down the returns while they research and/or ask for other information.

1. This would be for you to enter your percentage of 83 % and the the social security number of one person you shared the policy with, and their dates on the policy.
2. Then, that person enters their percentage of 9% and the social security number of the 3rd person, with their dates on the policy.
3. Then, the third person enters their percentage of 8%, with your social security number and your dates on the policy. 
    

The IRS takes these Forms 8962 and puts them together to make sure they do not add to more than 100%. Doing this work around will get them the correct information but if they have changed processes, it might be delayed in research while they get the information from all three returns reconciled. 

[rinkydinx19]

Thank you for your guidance