Premium tax credit

Forum|Forum|5 years ago
March 17, 2021
1 reply
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Hi,

In 2020, my spouse was on the same health insurance with his parents (Marketplace insurance). His parents claimed him as a "tax dependent" in the same health coverage. But my spouse and I got married at the end of 2020. Now we want to file join, then how should his parent file their tax? Because they received the 1095-A form that has his name. Please advice

Thank you so much!

ColeenD3

Level 15

Both the parents and your husband have to enter the form on your respective returns.

You can indicate that you shared the policy and prorate. You can decide the proration amounts between you but the pro-rations must add up to 100%. You can also click on the blue link. What percentage of the following policy amounts do you want to claim on your tax return? See "How do I figure out these percentages?" when you get to that screen.

Child/Children on another tax return

If you share a policy with someone who is claimed on another tax return (usually a child), you can take the number of people on your tax return who are covered on that plan and divide it by the total number of people on the plan. This would be your percentage of premiums, SLCSP and advanced payment of the premium tax credit, unless you agreed on a different number beforehand.

hbnguyen26Author

Level 3

Thank you so much for your reply. In part 3 "household information" of the form 1095-A of the tax return. How should his parents and I fill it out? (health coverage for 4 people in his family)

For example: January Box A: 1,839.01; Box B: 1,896.94; Box C: 1,529.00

Then for my tax returns in the 1095-A section, should I calculate 25% of each number above for my husband?

Thank you so much for all the help