Hi online community, How a 21 year-old taxpayer who is covered under the parents Obamacare BUT is not a dependent on the parents return,  will fill out the 8962 in his/her income tax. I have being told that the young taxpayer would have to fill Part IV of the Form 8962, but could anyone explain that to us using specific information related to this case, if it is possible. Will be appreciated it. Thank you and have a great day everyone. How is it done: allocating 100 % to their parents or allocating 0% to him/her?