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If my Parents bought Health Insurance through the Health Connector, but I was covered do I need to submit 1095-A on my individual Return?

 
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1 Reply
SharonD007
Employee Tax Expert

If my Parents bought Health Insurance through the Health Connector, but I was covered do I need to submit 1095-A on my individual Return?

It depends.  If you are their dependent, then you don't need to enter the 1095-A on your tax return. Your won't have any health insurance questions to answer on return.  TurboTax will tell you "Since someone is claiming you on their 2024 taxes, you don't have to complete Health Insurance".

 

If you're not a dependent on their return, both you and your parents need to enter a copy of the Form 1095-A that you received 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. 

 

  1. Login to TurboTax.
  2. Select Federal  and Deductions & Credits.
  3. Scroll down to Medical and select Show More.
  4. Select Start/Revisit next to Affordable Care Act (Form 1095-A).
  5. Answer yes, I received Form 1095-A.
  6. Enter the information and select Continue.
  7. Select I shared this policy with another taxpayer who’s not on my taxes and Continue.
  8. On the next screen you will enter the SSN for the other person and the start and end months that you shared the policy with the other person.
  9.  Make sure all of the percentages for  your premium, your SLCSP, and your advance payment add up to 100% for everyone who shares the policy and enters it on their tax return. It should be an amount that everyone agrees on. It could be 50/50, 100/0, or another amount.  Check with your parents to see if they are willing to put 100% on their return and you putting 0% on your return.
  10. 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.

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