Can I allocate advanced premium tax credits all to the daughter in the following situation


 A husband, wife, and 25 year old daughter are all covered in the health Insurance Marketplace and all are shown on the same Form 1095-A. Husband and wife’s income is over 401% of poverty level, daughter’s is not. (That info was not included in question when previously asked). The daughter is not claimed as a dependent and files a separate tax return. I have to allocate the premium tax credits between the 2 tax returns using Part 4 of Form 8962. Can I allocate 100% of the policy to the daughter and none to the parents even though the majority of the cost would have been to insure the parents and the parents income is over the limit. This would result in quite a tax advantage to all. The way I am reading the instructions, it seems that you can allocate between the 2 returns any way you like as long as they all agree. That seems a bit odd and a great tax loophole as well as rescuing the parents from going over the Obamacare cliff and paying a lot of tax. Any thoughts?

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