I need help allocating the policy amounts of a shared market plan for myself and my 2 adult children ages 21 and 18 who will be filing seperately.

geltzmariah · ‎February 19, 2025

I have the SLCP premium total. Do i divide that by 3 people? I need to find my premium percentage, SLCSP percentage and my advanced payment of PTC Percentage.

BillM223 · ‎February 19, 2025

Who was paying the insurance premiums?

Often, when you have the parent paying the premiums on the policy, with one or more kids, the parent takes 100% and the kids 0%. In this way, the parent gets all the Premium Tax Credit benefit (if any).

Note that it completely up to you how to allocate it, just so long as all the allocations add up to 100%.

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I need help allocating the policy amounts of a shared market plan for myself and my 2 adult children ages 21 and 18 who will be filing seperately.