MUBcpa
Level 1
04-07-2020
03:06 PM
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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?
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TaxGuyBill
Level 15
04-07-2020
03:25 PM
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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
Level 1
04-09-2020
11:47 AM
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Thank you for the prompt response - it was very helpful!
