I've added marketplace coverage purchased by my dependent via 1095-A but there is no place for me to indicate it's for my dependent and not for me.

[MonikaK1 · Accepted solution]

Yes, if you claim the person who purchased the Marketplace plan as a dependent, you must enter their Form 1095-A on your tax return. Even if the dependent obtained the Marketplace plan themselves, the taxpayer claiming them is responsible for reconciling the Premium Tax Credit. Do not enter it on the dependent's return. 

When TurboTax asks for your % Allocation, you can try a couple of different configurations to see what works best for you (gives you a larger PTC), if you are the one paying the entire premium. Any way you want to allocate the premium cost between the persons on the policy is fine, as long as the total doesn't exceed 100%.

If the dependent received a subsidy (Advance Premium Tax Credit) they did not qualify for, it may need to be paid back on the return.

Please see this help article for more information on entering Form 1095-A information in TurboTax.

Please see this tax tips article for more information about the Premium Tax Credit.

[DylReil]

Thank you.  I understand now.