1095A

[Revere]

Good afternoon,

My client has 4 individuals covered on his 1095A, including himself, he's not claiming them as dependents on his tax, 8962 for says Family size 1.  He's not reporting any shared policy allocation (100% to himself), I am confused, when filled out tax form, he's getting all most all of his premium credit back, is that possible?

Please help with answers.

Thank you

[taxshack]

You still have to follow the protocol for individuals on the same policy who are in different tax families.  You'll need to fill out the allocation section.  I recommend reading through the instructions for Form 8962.  https://www.irs.gov/pub/irs-pdf/i8962.pdf

[Revere]

Thank you