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joplita1
New Member

I shared my marketplace plan with my wife, daughter as dependent, and my adult son how do I allocate the SLCSP percentage

can you help me allocate the SLCSP percentage for my son, the premium and the advance premium when I shared an insurance policy thru the marketplace with my wife, student daughter and adult son.

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MindyB
Expert Alumni

I shared my marketplace plan with my wife, daughter as dependent, and my adult son how do I allocate the SLCSP percentage

You are able to allocate in any way you choose, as long as you all agree.  If you don't agree, then the default it the proportionate percentage based on people on the plan.  In other words, if there are four people on the plan, 3 on the same tax return, and one not, the default if you cannot agree amongst yourselves is 75/25.

 

 

This article may be helpful: I'm on my parents' 1095-A form. What do I do on my return?

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