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Level 1

I share a Marketplace policy with more than one person, My parents are the policy holders. How do i fill in the percentages and allocate my policy amounts?

my mom and dad hold the policy, my brother and I are also on the policy. So there is a total of four on the policy. I need help to figure out the percentage.
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Employee Tax Expert

I share a Marketplace policy with more than one person, My parents are the policy holders. How do i fill in the percentages and allocate my policy amounts?

They have the option to claim 100% of the 1095-A on their tax return, or to "allocate" part (or all) of it to you.  If you both agree, the allocation can be anywhere from 0% to 100%.

See @TaxGuyBill's answer below for more info. https://ttlc.intuit.com/replies/4909853

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Highlighted
Employee Tax Expert

I share a Marketplace policy with more than one person, My parents are the policy holders. How do i fill in the percentages and allocate my policy amounts?

They have the option to claim 100% of the 1095-A on their tax return, or to "allocate" part (or all) of it to you.  If you both agree, the allocation can be anywhere from 0% to 100%.

See @TaxGuyBill's answer below for more info. https://ttlc.intuit.com/replies/4909853

Level 1

I share a Marketplace policy with more than one person, My parents are the policy holders. How do i fill in the percentages and allocate my policy amounts?

Why would you use the downloaded version instead of the online version.