VIDEO: Form 1095-C Will Be Arriving Soon – What You Need to Know

VIDEO: Form 1095-C Will Be Arriving Soon – What You Need to Know

Beginning with the 2015 tax year, the Affordable Care Act (ACA) requires most employers to submit to the IRS information about the healthcare coverage that was offered to eligible employees. This is done with Form 1095-C.

By 2/1/2016, employers must submit the required 1095-C forms to the IRS and send a copy to employees as well.

The Form 1095-C is an annual statement that reports the following information to the IRS:

  • Whether employees were eligible for employer provided health coverage in 2015
  • If the coverage was in compliance with ACA requirements
  • The months that employees were eligible for coverage
  • Details about the cost of coverage that was offered
  • Who in a family was eligible for healthcare coverage

This short video provides important information about Form 1095-C for employees and employers.

1095-C Tax Form for 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

We invite you to download the PDF which contains basic FAQs regarding Form 1095-C. The PDF also contains links to Form 1095-A and Form 1095-B.

FAQS FORM 1095-C

DOWNLOAD FORM 1095-C

FORMS FOR IRS REPORTING REQUIREMENTS

Questions about the Affordable Care Act? Let’s Talk.

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Since 1993, FosterThomas has delivered cost-effective, proactive, custom employee benefits solutions. We address them through the design and delivery of the perfectly loaded benefits package that will help you attract and retain employees, while implementing alternative wellness & risk management ideas to contain health care costs. Let’s talk.

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FosterThomas is a leading professional services company that provides solutions in the areas of Human Resources Consulting and Outsourcing, HR Staffing, Outsourced Recruiting, Employee Benefits Brokerage, Payroll Implementation and Services, HR for Government Contractors, Business Insurance, HR Compliance and Risk Management. We help organizations by providing solutions designed with a focus on cost containment strategies and increasing HR efficiency. FosterThomas HR Consulting was established in 1993 with offices in Annapolis, Maryland (Corporate), McLean, Virginia and Raleigh, North Carolina. Today, FosterThomas occupies a unique position as a full service provider of HR services.

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