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On federal form 8962 on line 11 if you are allocating the…

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On federal form 8962 on...
On federal form 8962 on line 11 if you are allocating the premiums with another tax payer and your share is 43% on lines a,b,f is the amount you put 43% of the totals from form 1095-A
Submitted: 2 years ago.Category: Tax
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Answered in 7 minutes by:
2/26/2016
Tax Professional: Lev, Tax Advisor replied 2 years ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,842
Experience: Taxes, Immigration, Labor Relations
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See line 9

Are you allocating policy amounts with another taxpayer or do you want to use the alternative calculation for year of marriage (see instructions)?
Yes. Skip to Part IV, Shared Policy Allocation

.

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Tax Professional: Lev, Tax Advisor replied 2 years ago

then after you complete the allocation in part IV - see line 34

Have you completed shared policy allocation information for all allocated Forms 1095-A?
Yes. Multiply the amounts on Form 1095-A by the allocation percentages entered by policy. Add allocated amounts across all allocated policies with amounts for non-allocated policies from Forms 1095-A, if any, to compute a combined total for each month. Enter the combined total for each month on lines 12–23, columns (a), (b), and (f). Compute the amounts for lines 12–23, columns (c)–(e), and continue to line 24.

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so in this case - you skip line 11 and will not report any amounts on this line.

.

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