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.

how to I add more people to my marketplace policy to allocate for policy amounts

how to I allocate policy amounts on my marketplace policy if I share it with my parents
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.

1 Reply
SharonD007
Employee Tax Expert

how to I add more people to my marketplace policy to allocate for policy amounts

For family members that you share a Marketplace Health Insurance policy with that aren't on your tax return, each of you will need to enter the 1095-A on your tax returns. TurboTax will ask you questions about if the policy was shared with someone and how to allocate the costs and credit. 

 

The percentages that you should enter for your premium, your SLCSP, and your advance payment should be an amount that you and the persons you share it with agree on. It could be 50/25/25 or another amount. Make sure you are in agreement and that the percentages on all tax returns add up to 100% together.

 

TurboTax will calculate the information that should be on your return based on your answers.

 

You can review this TurboTax article I'm on my parents' 1095-A form. What do I do on my return? for more information.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question