TaxGuyBill
Level 15
02-18-2025
02:43 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If both are covered, it is split 50/50. See Allocation Situation 2 in the Instructions to Form 8962. In some cases you will need to look up the correct SLCSP for each return.
Be aware that filing as MFS will disqualify the credit. If they received Advance credit, they may need to repay some or all of the Advance credit.