neilbrink Posted January 30, 2015 Report Share Posted January 30, 2015 19 year old is still being claimed on her parents' tax return, had $18,000.00 of income, and had NO health insurance during the year. (Neither did the parents, she is telling me.) I am doing her tax return, not the parents. I am assuming that the parents need to handle this on their return, but how do I handle the reporting of this on her tax return? Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted January 30, 2015 Report Share Posted January 30, 2015 (edited) Is she a full time student? Edited January 30, 2015 by Jack from Ohio Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 30, 2015 Report Share Posted January 30, 2015 When did she turn 19? Is she completely and permanently disabled? Quote Link to comment Share on other sites More sharing options...
neilbrink Posted January 30, 2015 Author Report Share Posted January 30, 2015 She turned 19 in September, 2014, full time student for 5 months. Quote Link to comment Share on other sites More sharing options...
neilbrink Posted January 30, 2015 Author Report Share Posted January 30, 2015 She is not disabled. Shouldn't there be a health coverage exemption for a person filing who is a tax-exemption on another return, in this case, the parents' return? Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted January 30, 2015 Report Share Posted January 30, 2015 (edited) She is the responsibility of her parents for ACA compliance. She is a dependent in their household. No special exemption in her case. Edited January 30, 2015 by Jack from Ohio Quote Link to comment Share on other sites More sharing options...
jklcpa Posted January 30, 2015 Report Share Posted January 30, 2015 She does not check the box on 61 and does not file form 8965 for the penalty. Only one 8965 is filed per tax household, and in this case the parents will file that. Under "Who Must File" in the instructions to 8965: Only one Form 8965 should be filed for each tax household. If you can be claimed as a dependent by another taxpayer, you do not need to file Form 8965 and do not owe a shared responsibility payment. Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 30, 2015 Report Share Posted January 30, 2015 Don't forget that this young lady provided or NOT provided more than 50% of her own support based on the circumstances. That's why I like to do both returns. If she is a dependent, remember to add her income when using the exemptions on the parents return. I wonder if the box on line 61 of 1040 gets grey out when someone is filing as a dependent (I doubt it). 2 Quote Link to comment Share on other sites More sharing options...
neilbrink Posted January 30, 2015 Author Report Share Posted January 30, 2015 She was a full time student for at least 5 months. It does not "grey out", but ATX does allow it to be e-filed. Thanks for the discussion. Quote Link to comment Share on other sites More sharing options...
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