• How to handle being in parent's marketplace plan but not being a depend

    From Rich@21:1/5 to All on Fri Apr 7 14:37:46 2023
    I'm doing my nephew's tax return which is entirely straightforward
    (all he has is a W-2) except for one thing:
    * Nephew is 25
    * Nephew is NOT a full-time student
    * Nephew is NOT anyone's qualifying relative (fails the gross
    income test) so nobody is claiming nephew as a dependent.
    * Nephew is covered under a healthcare marketplace plan
    that's in his father's name.

    I initially said nephew was not in a marketplace plan since
    the policy isn't in his own name and he's not paying for it.

    But when I efiled the return it was rejected because of
    Rule F8962-070 (nephew is in the IRS's database of people
    who have a marketplace plan).

    From what I can tell I have to fill out Form 8952 for him to
    resolve this. But nephew didn't get a 1095-A, though
    presumably his father did. Can I just have him get a copy
    of 1095-A from his father and enter the info from that? But
    won't that be problematic because presumably father will
    be putting 1095-A info on *his* own return? Or will he have
    to paper file in this situation?

    Also, while not related to the 2022 return, nephew will need
    to get a plan completely in his own name once he turns 26
    in 2023, right?

    Thanks!

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  • From honda.lioness@gmail.com@21:1/5 to All on Sat Apr 8 20:04:37 2023
    Turbotax updated its discussion of this just a few days ago. See if the following helps:

    https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/parents-1095-form-return/L2phDGHT3_US_en_US

    If you want further help, please indicate whether there are amounts in Columns B and C of the parents' 1095-A form.

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

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    * Origin: fsxNet Usenet Gateway (21:1/5)