Question

Percentages on 1095-A Forms

Forum|Forum|1 year ago
March 14, 2025
1 reply
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Hi, so I was on my mom’s marketplace policy in 2024 Jan-August. She took me off the policy Aug.2024 because I had gotten a job after graduating college and started receiving employer health insurance. What % would I put for the premium, SLCSP, and advanced payment of ptc? And how would the percentage amount affect my taxes return or refund amount?

SharonD007

The percentages that you should enter for your premium, your SLCSP, and your advance payment should be an amount that you and your Mom agree on. It could be 50/50, 100/0 or another amount. Make sure you are in agreement and that the percentages on all tax returns add up to 100% together. TurboTax will calculate the information that should be on your return based on your answers.

The percentages may affect your tax return if you Mom received a Premium Tax Credit toward the payment of the health insurance.

Refer to the TurboTax article I'm on my parents' 1095-A form. What do I do on my return? for further information.

Here's other articles with information regarding the Premium Tax Credit: What is the Premium Tax Credit? and When should I include Form 8962 with my tax return?

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