Do I have to enter 25% in all three percentage boxes(premium, advanced payment of PTC and SLCSP) if I was a dependent on my parents insurance, 4 people on the same policy

Forum|Forum|11 months ago
April 8, 2025
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I was a dependent on my parents market place insurance, but not a dependent on their tax returns. both my parents, my sister and I were on the same policy. Under allocation of policy amounts, should I enter 25% in all three boxes- namely premium percentage, advanced payment of PTC percentage and SLCSP perencentage? or is the SLCSP percentage box left blank? I read that somewhere that SLCSP percent box is usually left blank. is that true for everyone?

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Best answer by Vanessa A

You will enter the 25% in all three of the boxes.

Be sure that your parents are not claiming 100% if they paid the full premiums for everyone. The amount that is allocated needs to add up to 100%. This means they can claim 100% or 75% and you would claim the remaining amount.

Vanessa AAnswer

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kairavi-shah98Author

Thank you for the answer.
I also wanted to confirm that out of the 4 people if my sister doesn’t file a tax return due to income being below the threshold. Does that affect the percentages in any way?

Vanessa A

No. The percentages are not based on the number of people filing taxes who are on the policy. Meaning her filing status does not affect you.

However, anyone who is not a dependent on another persons return and has coverage through the marketplace, does need to file a return regardless of income.

If you had Marketplace coverage at any point during 2024, you must file your taxes and "reconcile" your premium tax credit.

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