New
MFS vs MFJ Analysis and 1095A
The MFS vs MFJ Analysis does not force 50/50 split of 1095A premiums. Per IRS married taxpayers who filed MFS must equally allocate the policy amounts if the conditions below are met:
-Married as of end of the year
-Filing separate return
-Was Enrolled in the Same policy.
It would be nice to have the warning on the diagnostics screen with the above notification. Presently the MFS vs MFJ Analysis is misleading because it allows 1095A to be allocated as 100% to one spouse or another, which is not correct in most cases. (except when someone got divorced). The lack of the warning resulted in us misleading our client in potential tax savings which did not exist. could you please respond to us [removed]
