Annual affordable care act reporting deadlines are coming soon and with them comes a lot of questions i've covered the basics of form 1095c in a recent episode of hr faq and 2023 updates in a recent episode of hr party of one both of which i'll link to in the description but there's one question i've been getting a lot that i haven't answered yet what's the difference between forms 1095c and 1094c so in this episode of hr faq i'll answer that question and also explain how they differ from the other aca forms 1095a 1095b and 1094b let's get started what is form 1095c the federal government uses form 1095-c to track employers compliance with the affordable care act or aca the aca requires employers with 50 or more full-time equivalent employees to offer health care coverage to full-time employees or potentially face a fine these are called applicable large employers or ales ales must file a 1095-c for every worker employed for any month of the previous calendar year not just current employees and furnish each employee with their own copy employees do not need their 1095-c copy to file their individual tax return the form also helps the irs determine which employees were eligible for subsidies for individual health insurance during the year employees who were offered qualified coverage by their employers are not eligible for these subsidies in the months they were offered qualified coverage what is form 1094c to highlight the difference between them you can think of form 1094c as a cover sheet providing a high level summary of all employers 1095 cs unlike 1095 cs form 1094c is not distributed to employees and requires information such as number of workers employed and how many 1095cs are being filed employers must file...
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