What are forms 1094-C and 1095-C?
Forms 1094-C and 1095-C help the IRS enforce the ACA employer mandate by monitoring the type and cost of coverage offered to employees, and the number of employees who were offered this coverage.
In addition to the Affordable Care Act’s (ACA) mandate that employers offer affordable healthcare to their employees, Section 6055 and 6056 of the ACA require Applicable Large Employers (ALEs) to:
- File forms 1094-C and [1095-C with the IRS
- Provide written statements to covered employees
Forms 1094-C and 1095-C help the IRS enforce the ACA employer mandate by monitoring the type and cost of coverage offered to employees, and the number of employees who were offered this coverage.
Document Contents
Form 1094-C lists:
- Full-time employees
- Total headcount
- Whether Minimum Essential Coverage was offered
- Whether an applicable 4980H Safe Harbor was used
Form 1095-C lists, for each calendar month:
- Proof of offer of coverage (with code)
- Employee’s share of the lowest cost monthly premium
- Whether an applicable 4980H Safe Harbor was used
The written statement lists:
- The employer’s name, address, and contact information
- The information for the employee on the return being filed
Filing Deadlines
A single Form 1095-C must be provided to each employee and to the IRS. Form 1094-C is essentially a coversheet for all the Forms 1095-C that the employer files for its employees
Employees must receive their copies of form 1095-C and the written statements by March 2nd.
The IRS must receive forms 1094-C and 1095-C by:
- February 28th, 2017 (if filed by mail)
- March 31st, 2017 (if filed electronically)
Final Tips
Show the IRS that you’re ACA compliant by correctly filling 1094-C and 1095-C on time.
