If you file taxes independently, your parents’ insurance coverage is not affected by your decision to go it alone.
Yes, you may stay covered under your parent’s insurance plan as long as you meet the requirements of their policy. You will need to ask a member of the insurance company’s customer service department for details about how your coverage will be affected by filing taxes independently.
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Yes, you can stay on your parents health insurance as long as you have their consent. You may also qualify for their assistance with premiums if you shop around and find the best deal available for your situation.
If you are going to file your taxes on your own, you may be required to be enrolled in some form of health insurance coverage. However, if your parents have health insurance and you continue to live with them for most or all of the year and maintain a close relationship, then you may be able to stay on their insurance once you are 18 years old.
You can stay on your parents insurance until you are 26 years old, but they will have to file proof of their coverage in order for you to remain insured.
You can stay on your parents’ insurance until you are legally responsible for paying for your own health care coverage. However, you will have to pay the full premium even though you are insured through your parent’s plan.
Yes! In fact, many families have used this independent filing strategy for years and believe it’s a great way to save money.
Under the Affordable Care Act (ACA), individuals younger than 26 can stay on their parent’s insurance plan if the individual attends college. If you’re in this age range, then it’s important to be aware of the multiple options for coverage under your parents’ health plan. If you do not have affordable access to health care through an employer or a cheaper public option, then you will have no other choice but to remain on your parents’ insurance unless they decide not to cover you.
Yes, you can stay on your parents insurance as long as you comply with their coverage.
You can stay on your parents’ insurance if they pay the premium and the policy remains in force. When you file taxes, the IRS will look back to make sure that the policy was voluntarily paid and has not been changed without their written consent.
Yes, you can stay on your parents’ insurance as long as you are still enrolled in school full-time and not working more than 20 hours per week. If you work more than that, then you will need to file taxes independently.
Yes. Your parents can stay on their full coverage until you turn 18 years old, regardless of whether you file taxes independently or with them. If you don’t file taxes with your parents, they may choose to switch to a different group plan for you so that no longer have complete coverage before age 20.
Yes, you can stay on your parents insurance if you file taxes independently.
Yes, you can. If you file under your own tax information, you may need to claim yourself as a dependent on the parents’ tax return. You will then be able to stay on their insurance coverage until age 26.
Here’s the answer straight from IRS Publication 926, Tax Benefits for Education. This publication provides a complete explanation of educational tax benefits that you may be able to use to reduce your federal tax liability. If you are considering whether or not to file taxes independently, or if you have filed taxes independently and want to continue using your parents’ health insurance on your own, we recommend you consult with an experienced tax advisor to ensure all of your options are covered.
Yes, you can. You cannot be considered a dependent for tax purposes if you are not legally related to the primary taxpayer (so if your spouse is also on the policy, they can’t claim him or her as a dependent).
Yes, you can stay on your parent’s insurance until age 26 if you file taxes independently.
If you are filing taxes independently, then yes, you may stay on your parents insurance if they have coverage under your name.
Yes, you can be on your parents insurance if you file taxes independently. This is possible because of your close relationship with your parents and their desire to help you out. The insurance company would not deny this request if it was submitted by a parent with other dependents such as children or non-relatives.
Validating your Social Security number is how you will obtain coverage from your parents insurance company. If you file taxes independently, you can ask for a copy of this number for the purpose of filing taxes. However, it will not effect your parents insurance coverage as they would continue to pay based on the state where they maintained residency in.
If you file taxes independently, then your parents can stay on their insurance. They’ll take the lower level of benefits available to unmarried dependents.
Yes, you can enroll in your parents’ insurance plan while filing taxes independently. Even if you do not have your own individual tax return this year but stay on their insurance plan, they will not know that you have filed separately.
You can stay on your parents insurance if you file taxes independently, as long as you will still be living with your parents and working for them for at least 2 years past the day of the divorce. This is not a formal decree by an Office of Family Law, but it does state that you are an adult who has the responsibility for paying his/her own bills and this agreement does not qualify as an annulment or legal separation
No, you must obtain your own insurance from an insurance company. You can either purchase your own policy or be covered by your parent’s policy until you are 18 years old.17
You should be able to stay on your parents’ insurance as long as they want you to.
Yes, you can stay on your parents’ insurance as long as you have a qualified health plan and pay the required premiums.
You can, and you should. Because filing taxes independently allows you to claim a tax credit that’s meant for low-income earners, saving you money.
You’ll have to contact your parents’ insurance company and see if they offer this option. If so, you will need to apply for the plan and pay for the additional coverage yourself.
If your parents have an insurance policy, you can file taxes separately without having to switch to another plan.
Yes, if your parents’ plan doesn’t cover you separately and you file independently, you can file for yourself as the dependent. The reason is that you can use your parent’s health insurance to help pay the premiums.
Yes. Your parents and you can stay on the same health insurance plan until you turn 26. After that, it’s up to you, depending on how much money your employer pays towards the cost of your health insurance premium.
No, you must be covered by your own health insurance.