JackieCPA Posted April 30, 2018 Report Posted April 30, 2018 So I had a tax return with a 1095-A. The 1095-A had the mother and two sons included in the policy. One son is not being claimed as a dependent (makes 28,000), the other son is a dependent. The mother and father make 85,000 combined and had a huge PTC during the year. I put the 1095-A on the parent's tax return and didn't allocate anything to the son who is not a dependents tax return. The parents had to repay the entire credit. Now, the son got a letter from the IRS stating they want the 1095-A and the 8962. Should I write the IRS a letter saying it was put all on the parents? Does it have to be allocated between them? Quote
Gail in Virginia Posted April 30, 2018 Report Posted April 30, 2018 I think you have to send the IRS a copy of the 1095A and the 8962 showing 0% allocated to the son. Quote
Tax Prep by Deb Posted April 30, 2018 Report Posted April 30, 2018 Gail is correct. Answer the question that you are allocating the policy and put his allocation at zero. Quote
Pacun Posted April 30, 2018 Report Posted April 30, 2018 Maybe you can save them some money if you allocate 50% to the son or 100% to the son. or 99% to the son and 1% to the parents. 1 Quote
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