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Does anyone understand how to allocate 1095A properly? My step daughter has one from her father, and the 8962 form seems very complicated.

 
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Vanessa A
Expert Alumni

Does anyone understand how to allocate 1095A properly? My step daughter has one from her father, and the 8962 form seems very complicated.

You can choose any percentage to allocate.  As you walk through the TurboTax entries for the 1095-A, you will select that you shared the policy with someone not on your return. 

 

 There is no correct answer on the amount to claim, other than whatever amount you claim, if it is a shared policy with her father, that the total of what you both claim add up to 100%.  So if he claims 100%, you claim 0%.  If he claims 75%, you claim 25%.  

 

TurboTax will fill out for 8962 for you as you enter the 1095-A.

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