Hello, I'm desperately trying to help my friend. I have a Ph.D. in Finance but NO experience with this Obama Care quagmire. He's the detail. My friend has been claiming her adult son as a dependent
for two years (he's penniless and got divorced in early 2015). But his wife had enrolled herself and him in the Marketplace health insurance coverage in late 2013. She continued working but lost her job and all last year they lived (divorced but still friends and co-parenting in the same house which my friend pays for) on my friend's generosity. She did support her son and claimed him but didn't understand the 1095-A
and 8962 mess as if anyone does.
Shes has just received a letter from the IRS
stating that someone she claimed as a dependent (her son) was enrolled in the marketplace insurance and they need a 1095-A from her to adjust or settle the subsidy payment, or whatever, in order for her to claim the 8962 premium advanced tax credit
? Sorry to be obtuse but I know nothing about this.
Since she never paid anything and since her son was covered already (he and his wife are terrible in terms of not keeping documents or being responsible, to be honest, and cannot even find the forms
), should she just amend her 2014 and 2015 returns
and say she was unaware of all the Obama Care rulings and needs to remove her son from her tax return? She is on Medicare
as is her husband.
To further exacerbate the situation her son and his (ex-wife now) still received the insurance and a huge subsidy for it but had no income
for 10 months of 2015. What do they do? And they're legally divorced so they can't get coverage together, obviously.
Thank you. I know this is complex but I will pay well. Please help. My poor friend is hysterical and her husband is ill, so is the last thing she needs to deal with.