I am not getting a definite answer on the percentage allocations for a policy holder and a non-dependent adult child on the policy who is filing their taxes separately. If I use 0% on all three allocations on mine and 0% on all three allocations on adult child, TT says everything looks great! If I use 100% on all allocations on mine and 0% on all allocation on adult child she gets a return and I have to pay. If I use 0% on all allocations on mine and 100% on all allocations on adult child she gets a return and I get a return. There are no blank columns on the 1095-A.
This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion
@TaxGuyBill hes the ACA guru and can explain it best
If you are using TurboTax, you are lost on the internet.
The TurboTax Community is at this link:
https://ttlc.intuit.com/community/discussions/discussion/03/302
They can answer your question.
Thanks for pointing me in the next direction. I am not sure about your ‘leveling up’ comment. Should I laugh or be offended?
"Level up" is part of my signature, because I am no longer labeled an All Star. These Intuit communities are using social networking concepts for business purposes. My signature will change, again, though. I just need to keep up with the Intuit badges and classifications.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.