Skip to main content
April 15, 2025
Question

If I am the adult child filing taxes separately from my family but I'm on my family's health insurance, how do I find the Premium, SLCSP, and Advanced Payment percentage?

  • April 15, 2025
  • 1 reply
  • 0 views
I have the 1095-A form but because it is under my moms name and includes my father siblings and myself, I don't know how to properly fill out or find the information after selecting that this is a shared policy. Specifically the percentages of the policy amounts that I should claim on my return.

1 reply

April 15, 2025

On a shared policy, you can share in whatever percentages between the taxpayers as long as they agree.

 

For a family, it is most tax effective to allocate 100% to the taxpayer having the lowest percentage of poverty level income, in order to maximize the premium tax credit.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"