On form 1095-A my parents paid for the policy and i didnt pay for it they pay for me do i still add them to the policy for turbo tax if i didnt pay in the policy?

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On form 1095-A my parents paid for the policy and i didnt pay for it they pay for me do i still add them to the policy for turbo tax if i didnt pay in the policy?

If you are on your a Marketplace plan with your parents and are filing your own return, you will indicate that you 'shared a policy' and enter amounts from their 1095-A.

They will do the same on their return. You can 'Allocate' premium amounts between them and you; they can claim 100%, you claim 0%, for example, as long as the %'s add up to 100%.

It doesn't matter for tax purposes who actually paid for the policy.

Here's more info on Allocating a 1095-A where you can follow the instructions that apply to you.

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On form 1095-A my parents paid for the policy and i didnt pay for it they pay for me do i still add them to the policy for turbo tax if i didnt pay in the policy?

If you are on your a Marketplace plan with your parents and are filing your own return, you will indicate that you 'shared a policy' and enter amounts from their 1095-A.

They will do the same on their return. You can 'Allocate' premium amounts between them and you; they can claim 100%, you claim 0%, for example, as long as the %'s add up to 100%.

It doesn't matter for tax purposes who actually paid for the policy.

Here's more info on Allocating a 1095-A where you can follow the instructions that apply to you.

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

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