Filing separately does not mean you will have to repay the premium tax credit you received. That will be determined by the income reported on the tax returns. You can split the amounts reported on Form 1095-A between the two of you. You will each put the corresponding amounts on each separate return. You can split the amounts 50/50, or any amount allocation that you agree on. You will both enter Form 1095-A information.
- After entering the 1095-A, you will see an option to check a box indicating that the policy was shared by somebody who is not on your tax return. It will then prompt you with further questions to determine how much of it is "allocated" to you (even if it is 0%). Your Married Filing Separately spouse would follow this same procedure.
- If there was Advance credit received (column C of the 1095-A), you have the option to claim 100% of the 1095-A on your tax return, or to "allocate" part (or all) of it to your spouse. If you both agree, the allocation can be anywhere from 0% to 100%. If you can not agree how to split the advance tax credit received (column C on the 1095-A), then it is divided by the number of covered individuals on the policy. For example, if the policy covers 2 people, each person is allocated 50%.
All amounts need to be allocated using the same percentage. So if you allocate 100% to him/her, he/she also claims 100% of the Advance credit.
