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Shared Policy Allocation

jasontran
Level 3

A family of 4 members received one 1095 A , health insurance marketplace statement. The parents and the adults kids are filing their taxes independently.  They agree to split the premium tax credit as follows : parents 34%, the two kids 33% and 33%.   After I allocate 34% of the premiums for the parents on the 1095-A to column A, B,C,  on the Shared Policy Allocation Information Smart Worksheet,   (Proseries Professional )  there only one space where I enter the SSN of taxpayer sharing allocation.  Where else I can enter the other SSN of the other taxpayer who is sharing the allocation?   Please advice.

 

Thank you

jason

 

 

 

 

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2 Replies 2
Just-Lisa-Now-
Level 15
Level 15

You enter the 1095 A on each return, in the allocation area you enter that person's SSN and how much their allocation is.

So parents return will have the TP SSN and 34%

Each kids return will have that kids SSN and their allocation %.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
jasontran
Level 3

Thank you so much.