ACA Forms 1094/1095 Deadline Fast Approaching!

The deadline for filing the employee copies of the new ACA Forms 1094 and Forms 1095 is March 31, 2016!

If you are an employer with at least 50 full-time employees, including full-time equivalent employees, you need to complete a Form 1095-C for each full-time employee and a Form 1094-C transmittal. Remember to look at entities under common ownership when counting full-time employees and full-time employee equivalents to see if you are subject to this filing requirement!

If you are an employer with less than 50 full-time employees but you have a self-insured health plan, you need to complete a Form 1095-B for every covered employee and complete a Form 1094-B transmittal.

The forms are complicated and will take some time to complete. If you are preparing in-house and have not started the process, you cannot put off any longer or you may miss the deadline and incur penalties!

If you have questions on completing the forms, please download the presentation from our February 2, 2016 webinar: Affordable Care Act – Forms 1094 and 1095. You can also contact Kathy Petrucci 614-586-7214 or Zach Davis 614-586-7235 for assistance.

 

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