ACA Affordable Care Act

2015 Information

 

Requirements - Reporting - Forms - Dates

 

Employers with Under 50 Employees

Employer is not required to provide insurance, but must provide each employee with a form 1095-B. Employer is required to send one Transmittal Form 1094-B and a 1095-B form for each employee or electronic media to the IRS.

Employees that are covered through the Marketplace (Federal or State Exchange) Line 8C or D will be provided a 1095-A by the insurance company. 

• 1095-B   2 copies

                      Send 1 copy to each employee

                   Send 1 copy for each employee with your 1094-B Transmittal or send as electronic media

                     Types of self-insurance, 1095-B, Line 8, A-F

                       A - SHOP (Small Business Options Program) not available in 2015

                       B - Employer provides full insurance or Employer & Employee share insurance cost

                       C - Governments Sponsored Program - Federal or State Exchanges, Medicare, Medicaid, etc.

                       D - Individual Market Insurance - Employee provides his own Insurance

                       E - Muti employer Plan

                       F - Miscellaneous

•  1094-B  Transmittal Form -Send 1 sheet for each company with a 1095-B for each employee or electronic media

 


Employers with over 50 Employees

     Employer is required to provide insurance or pay a penalty. The employer must provide each employee with a form 1095- C.

     Employer is required to done Transmittal Form 1094-C and electronic media to the IRS for each employee if over 250 employees. If under 250 employees the employer may use paper forms 1094-C, pages 2 & 3

      • 1095-C   Send 1 copy to each employee

      • 1094-C   Transmittal Form - Send 1 sheet for each company with electronic media for employees if over 250 employees. If under 250 you can use pages 2 and 3 or electronic media       

 

                                         

 

 

Reporting Dates

For both under 50 or over 50 employees

IRS - Paper by Feb 28, Electronic Mar 31
Employee - Paper by Jan 31

 

 

FTI Group

14915 NE 95th Street 
Redmond, WA 98052 
Contact: Sarkis Johnsen 
E-mail: sarkis@ftiforms.com 
Phone: (800) 367-6122
Fax: (800) 376-6124 
Web: www.ftitaxforms.com

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