News & Updates
August 10, 2016
The IRS has released the 2016 Draft Instructions for Forms 1094-C and 1095-C to help employers prepare for calendar year 2016 information reporting. Employers are required to report in early 2017 for calendar year 2016.
Who is Required to Report
Under the Affordable Care Act, applicable large employers ("ALEs")—generally those with 50 or more full-time employees, including full-time equivalent employees—use Forms 1094-C and 1095-C to report information to the IRS and to their employees about their compliance with the employer shared responsibility provisions ("pay or play") and the health care coverage they have offered.
Key Changes for 2016 Reporting
Among other changes, the 2016 draft instructions clarify:
2016 Draft Forms
The following draft forms are also now available for 2016:
Visit our Information Reporting section for more on these requirements.