IRS Releases Instructions and Draft Form 1094-C and 1095-C
The IRS has just released instructions and draft Form 1094-C and 1095-C for 2019.
View them here:
Instructions for Form 1094-C and 1095-C
From the 2019 Instructions for Forms 1094-C and 1095-C:
Purpose of Form
Employers with 50 or more full-time employees (including full-time equivalent employees) in the previous year use Forms 1094-C and 1095-C to report the information required under sections 6055 and 6056 about offers of health coverage and enrollment in health coverage for their employees. Form 1094-C must be used to report to the IRS summary information for each ALE Member (defined below) and to transmit Forms 1095-C to the IRS. Form 1095-C is used to report information about each employee to the IRS and to the employee. Forms 1094-C and 1095-C are used in determining whether an ALE Member owes a payment under the employer shared responsibility provisions under section 4980H. Form 1095-C also is used in determining the eligibility of employees for the premium tax credit…
Who Must File
An ALE Member must file one or more Forms 1094-C (including a Form 1094-C designated as the Authoritative Transmittal, whether or not filing multiple Forms 1094-C), and must file a Form 1095-C for each employee who was a full-time employee of the ALE Member for any month of the calendar year. Generally, the ALE Member is required to furnish a copy of the Form 1095-C (or a substitute form) to the employee…
View the full draft forms and instructions.
BASIC ACA Elevate
A Simple Solution to a Complex Problem
BASIC ACA Elevate offers peace of mind for employers, with access to dedicated compliance experts for each client, file-ready Form 1095 generation, automatic e-Filing to the IRS, plus optional ACA corrections transmittal and mailing of Form 1095-Cs directly to employees for ease of distribution. Our stand-alone ACA solution generates the applicable 1094-B, 1095-B, 1094-C, and 1095-C forms, which can be filed electronically by simply uploading a Microsoft Excel workbook through our proprietary ACA portal. BASIC can handle the preparation of Forms 1094-C and 1095-C with e-Filing for employers of all sizes and complexity– we’ve furnished over 1,000,000 1095-C forms since 2015!
If your business needs help with ACA Filing, request a proposal today!
Copyright 2019
