TaxMonkey
Level 8
05-02-2024
02:02 PM
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The short answer is yes, anyone covered by a marketplace plan must report this on their tax return.
The longer answer is that this is a situation in which one policy is covering two tax families, and the premium tax credit must be allocated between them.
The instructions to Form 8962 covers this:
https://www.irs.gov/instructions/i8962#en_US_2023_publink100024694