1095A

Forum|Forum|1 year ago
April 24, 2024
1 reply
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I am under my parents health insurance but pay 0 towards it. I gave my tax prepped documentation and they said I was fine. Now I’m flagged by IRS. And have no idea how to resolve or if I can just ignore and they’ll figure it out.

Ask the Experts - Refund II - April 2024

Best answer by Vanessa A

Are you a dependent claimed on your parents return or not a dependent? If you are not a dependent, then you must enter their 1095-A on your return, claiming 0% allocation to yourself.

Vanessa AAnswer

Are you a dependent claimed on your parents return or not a dependent? If you are not a dependent, then you must enter their 1095-A on your return, claiming 0% allocation to yourself.

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MyCraiAuthor

I submitted those documents to a tax prepper. She informed they shouldn’t come for me since I didn’t pay. How can I confirm if that information was included in my return?

DawnC

Employee

If you were covered under Obamacare, the IRS requires the 1095-A whether you paid the premiums or not. Information from your parents' 1095-A should have been included on your return. After you enter the form, you can allocate the premiums and any credits to someone else's return - the form doesn't have to affect your tax return at, but the IRS wants the 1095-A information for you, even if your parents paid and are taking the tax credit.

Did you file with TurboTax? If so, use the instructions below to add their 1095-A and Form 8962 to your return. If you received a notice from the IRS, follow the instructions in that letter or notice.

I got a 12C letter about Form 8962 from the IRS

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