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- Re: Form 1095-A Shared Policy Allocation Loophole
Re: Form 1095-A Shared Policy Allocation Loophole
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mengunuong
Level 1
a week ago
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I hope you can help me. I’m helping my parents file their taxes. They’re filing Married Filing Jointly, and Form 1095-A lists both names, but only my dad was covered under a Covered California plan. My mom had separate insurance but is listed as the recipient on the 1095-A.
Since only my dad was covered, can we use Part IV of Form 8962 to allocate 100% of the policy to him, and use just his income and a family size of 1 for the Premium Tax Credit repayment? (they’re one tax family and married filing jointly).
Is this allowed under IRS rules?
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George4Tacks
Level 15
a week ago
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When all else fails read the instructions. https://www.irs.gov/pub/irs-pdf/i1095a.pdf
Answers are easy. Questions are hard!
qbteachmt
Level 15
Friday
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Here's the help article for how to enter 1095-A in ProConnect:
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Don't yell at us; we're volunteers
