Shared MarketPlace Plan

[CalliHouse]

I shared my MarketPlace Plan with my 2 sons for half the year. They both got jobs mid-year and will be filing their own tax returns for the first time so they are no longer my dependents. There is only space in TurboTax to enter the ssn  and allocation percentage for ONE person that you shared the plan with, but I need to enter TWO people. I contacted support and they didn't understand the question and were telling me to manually modify the 1095-A. The 1095-A is correct and I understand how to allocate percentages. I just need a space to enter the ssn and percentage for my second son.

[SharonD007]

You don't have to list both of your sons that you share the Marketplace policy with when your enter your shared policy.  Just include one son and make sure all of the percentages for  your premium, your SLCSP, and your advance payment adds up to 100% for everyone who shares the policy and enters it on their tax return 

The percentages that you should enter for your premium, your SLCSP, and your advance payment should be an amount that everyone agrees on. It could be 34/33/33, 100/0, or another amount. Make sure you are in agreement and that the percentages on all tax returns add up to 100% together. TurboTax will calculate the information that should be on your return based on your answers.

Share this TurboTax article I'm on my parents' 1095-A form. What do I do on my return? so they can correctly enter the 1095-A.

Review the example from the IRS website regarding Other Taxpayers Allocating Policy Amounts With Two or More Other Taxpayers for additional information (scroll down to the highlighted section).