turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

adbski
New Member

What would be SLCSP&PTC %'s if My husband and I are married, filing jointly and shared marketplace with our 25 yr old daughter and she will be filing separately?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

What would be SLCSP&PTC %'s if My husband and I are married, filing jointly and shared marketplace with our 25 yr old daughter and she will be filing separately?

The allocation division is totally up to you as long as 100% is reported on the combined returns ...usually the party paying the premiums will take 100% and the child 0% however that is not written in stone.  You really should work the numbers to see what allocation works best for both returns. 

View solution in original post

1 Reply

What would be SLCSP&PTC %'s if My husband and I are married, filing jointly and shared marketplace with our 25 yr old daughter and she will be filing separately?

The allocation division is totally up to you as long as 100% is reported on the combined returns ...usually the party paying the premiums will take 100% and the child 0% however that is not written in stone.  You really should work the numbers to see what allocation works best for both returns. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question