• Get The Payroll Services That Work For You!
  • We Get It Done Right. The First Time.
Get The Advantage

Call: (800) 440-9033

Payroll with a personal touch.

2016 Reporting Updates

25
Jul 2016
Posted in ACA 101

The IRS has released new draft ACA forms for the 2016 reporting period. Final forms for the 2016 reporting period will be published later this year after a public comment period.

  • https://www.irs.gov/pub/irs-dft/f1094c–dft.pdf – link for 1094-C
  • https://www.irs.gov/pub/irs-dft/f1095c–dft.pdf – link for 1095-C
  • Major changes include the following:
    • A line was added to the 1095-C instructing recipients to keep the form for their records and not to attach it to their tax return.
    • There are two new offer of coverage codes for when health insurance is “conditionally offered to the employee’s spouse.”
    • The new field for plan start month will remain optional for 2016.
    • Part III of Form 1095-C is used by self-insured plans to report on dependent coverage but now guidance is clarifying that the actual employee’s coverage should be listed in this section too.

Comments are closed.

© Advantage Payroll Services. All Rights Reserved. Creative: Contact Designers

Request A Quote