How to enter shared policy allocation for form 8962

[MUBcpa]

My client's form 1095-A lists his spouse and son as covered individuals; the son is not a dependent. What information do I need to complete the shared policy allocation?

[TaxGuyBill · Accepted solution]

You need to find out if both the client AND the son are agreeable to allocating 100% to one tax return.

If they are, the best outcome is to allocate 100% to the tax return with the lowest poverty percentage (in most cases that is the child).

[MUBcpa]

Thank you for the prompt response - it was very helpful!