1095A SHARED ALLOCATION FORM
I am preparing a return with a 1095A. My client and his wife are the recipients of the form. They have both their children in their 20's on the 1095A in a family insurance plan. Both of those children file their own tax returns. I read many threads and the IRS page. My question is mostly about the software portion. The parents and children agreed to split the allocation 50% for the parents and 25% per child. I know the percentage needs to be the same all the way through. When filling out the 8962 it says "allocation of policy amount information should be entered at the bottom of the related form 1095A. When I follow the link and return to the 1095A it only has a spot for one childs SSN and the percentage. They are three separate families. How do I enter the other child? Or do I enter both children on the 8962 and leave the 1095A portion blank?
