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New Member
posted Apr 14, 2023 6:59:33 PM

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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1 Best answer
Expert Alumni
Apr 14, 2023 7:19:19 PM

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. 

 

@fa42f55fb2dd 

1 Replies
Expert Alumni
Apr 14, 2023 7:19:19 PM

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. 

 

@fa42f55fb2dd