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IRS releases draft instructions to ACA employer information reporting forms

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Tax Hot Topics: ACA employer information reporting formsThe IRS recently released draft instructions for completing the 2015 Form 1094-C, “Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns,” and Form 1095-C, “Employer-Provided Health Insurance Offer and Coverage,” to satisfy Affordable Care Act (ACA) reporting requirements under Sections 6055 and 6056. The draft instructions can be found here.  

New to the 2015 draft instructions are procedures for obtaining a 30-day extension for filing the forms with employees and the IRS, and details on how to correct paper returns. The draft instructions also provide simplified reporting for offers of coverage for employees with multiemployer arrangements that qualify for relief.  

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Eddie Adkins
+1 202 521 1565
eddie.adkins@us.gt.com

Jeffrey Martin
+1 202 521 1526
jeffrey.martin@us.gt.com

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