1094-C and 1095-C Forms Overview for ACA Reporting
Discover a comprehensive overview of the 1094-C and 1095-C forms used for ACA reporting. Learn about important dates, filing requirements, and employee coverage details to ensure compliance with the Affordable Care Act.
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Presentation Transcript
ACA Reporting ACA Reporting Forms Forms Justin Knight Justin Knight
(402) 570 (402) 570- -9472 9472 Questions or Technical Questions or Technical Issues Issues
1/20/17 Inauguration Today
1/20/17 Inauguration Today 1/31/17 1095-C to Employees
3/2/17 1095-C to Employees 1/20/17 Inauguration Today
3/2/17 1095-C to Employees 1/20/17 Inauguration Today 2/28/17 1095-C to IRS (paper) 3/31/17 1095-C to IRS (electronic)
The Forms The Forms > 50 FTE Including 50-99
The Forms The Forms 1094-C 1095-C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C Number of full- time employees
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C Number of full- time employees
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
Line 22: A (QOM) Line 22: A (QOM) At least At least 1 full 1 full- -time EE For all months that For all months that penalty could apply penalty could apply < < $94.05 per month $94.05 per month time EE
Line 22: A (QOM) Line 22: A (QOM) Fed. Fed. Pov Pov. Line: $11,880 . Line: $11,880 Divided by 12 Divided by 12 Multiplied by 9.5% Multiplied by 9.5% = = $94.05 $94.05
Line 22: C (TR) Line 22: C (TR) Probably only the Probably only the 50 50- -99 districts 99 districts
Line 22: D (98%) Line 22: D (98%) All months All months (except meas. period) meas. period) Affordable coverage to Affordable coverage to 98% of FT EE s 98% of FT EE s (except
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C 95% FT Each month TR counts as yes
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C Not required if 98% Method Line 22, Box D
1094 1094- -C C
1094 1094- -C C 1st day month 12th day month Last day month 1st day payroll Last day payroll
1094 1094- -C C
1094 1094- -C C
1094 1094- -C C A: 50-99 B: 100+
1094 1094- -C C 50-99 Districts: Enter A for January through August
1094 1094- -C C
1095 1095- -C C
1095 1095- -C C
1095 1095- -C C
1095 1095- -C C Only Only FT Employee FT Employee during during any month any month
1095 1095- -C C
1095 1095- -C C
