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Covered Individual on 1095-A will be filing separate tax return

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Level 1

If 1095-A is provided to a parent who covered two dependent children....but now one of the children will NOT be a dependent and will be filing a separate return.  I understand that there has to be a shared policy allocation.  But does the adult child need to include a 1095-A with their tax return as well as the 8962 Form? And if so, which name should be in Part I (Recipient)? The parent who received the 1095-A or the adult child?  Who should be listed in Part II - Covered Individuals? All that were covered under the policy or just the adult child taxpayer?

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7 Replies 7
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Level 11
Level 11
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Level 1

Thanks. I did read that thread previously, but it didn't seem to answer the question about whether the other taxpayer needs to provide their own 1095-A.  I think maybe the taxpayer just uses the information to complete the Form 8962 and doesn't have to include a 1095-A? 

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Level 11
Level 11

Your client needs to file a 1095A. From the IRS instruction:  Information about individuals enrolled in the same policy as the tax filer’s tax family who are not members of that tax family, including children, must be reported on a separate Form 1095-A.

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Level 1

So, his name should be reported as the "recipient" in Part I?  And in Part II (covered individuals), should it be only him, or should it list all parties that were covered under the policy? 

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Level 11
Level 11

@TaxGuyBill is the expert on health care, maybe he will jump in and help out, but I believe you are correct

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Level 12

What software are you using?

Enter the 1095-A on both tax returns, just as it shows.  Then enter the allocation information and the software should do the rest.

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Level 11
Level 11

Thanks @TaxGuyBill 

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