Sharing allocations on 1095-A

Forum|Forum|3 years ago
April 7, 2023
1 reply
11 views

Father files joint, claims daughter as dependent, Daughter files her own return without exemption.

1095-A is for all 3 persons.

I filled 1095-A on father's return. Allocated 0.33 % on all 3 for daughter.

How do I fill in 1095-A on daughter

Help really appreciated

Individual

This topic has been closed for replies.

Best answer by TaxGuyBill

There is no Federal penalty for no insurance.

If the state imposes a penalty, she DOES have insurance. I'm not sure how to indicate that on the state, but if she DOES have insurance there should not be a penalty.

T

TaxGuyBill

Level 15

Daughter is a dependent. There is no allocation and it is not entered on the daughter's tax return.

It sounds like you need to amend the father's tax return to remove the allocation.

V

vikkamAuthor

Level 2

Tax guy bill

Thanks for your prompt response.

Have not filed either return.

If I do not show 1095-A on daughter's return she will have penalty for no insurance.

Thanks again

Vik

T

TaxGuyBillAnswer

Level 15

There is no Federal penalty for no insurance.

If the state imposes a penalty, she DOES have insurance. I'm not sure how to indicate that on the state, but if she DOES have insurance there should not be a penalty.

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