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IRS Form 1095-C

Form 1095-C is an information return designed by the IRS for employers to report the health insurance coverage they offered to their employees.

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IRS Form 1095-C

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  1. IRS Form 1095-C Filing Instructions for Employers support@taxbandits.com 704.684.4751

  2. What is IRS Form 1095-C? Form 1095-C is an information return designed by the IRS for employers to report the health insurance coverage they offered to their employees. Under IRC section 6056, employers who operate businesses with more than 50 full time employees must report the offered health coverage information to the IRS on Form 1095-C and distribute copies of Form 1095-C to the covered employees to stay IRS compliant. Visit https://www.taxbandits.com/aca-forms/what-is-form-1095-c/ to learn more about Form 1095-C. support@taxbandits.com 704.684.4751

  3. What is the deadline to file Form 1095-C? The deadline to file IRS Form 1095-C is Recipient copy deadline - January 31, 2022 Paper filing deadline - February 28, 2022 Electronic filing deadline - March 31, 2022 ● ● ● The IRS Proposed new regulations stating that permanent 30-day extension for furnishing employee copies could be available. (The deadline may move from January 31 to March 02). Learn more about Form 1095-C deadline. support@taxbandits.com 704.684.4751

  4. What information is required to file Form 1095-C? Employers need the following information to file Form 1095-C Employees Name, SSN, and address Employer Name, EIN, and address Information about the health care coverage provided to the employee Employee Required Contributions, if any Information about covered individuals if the employer has offered self-insured coverage ● ● ● ● ● Click here to learn more about Form 1095-C instructions. support@taxbandits.com 704.684.4751

  5. Filing methods of Form 1095-C Form 1095-C can be filed either electronically or on paper. The IRS Suggests that employers e-file Form 1095-C for secure and accurate filing. Some of the advantages of e-filing are Accurate and secure filing Instant status updates on the returns ○ ○ Currently, the threshold value for e-filing is 250 forms. The IRS proposed rule stating that would reduce threshold to 100 forms for 2022 and only 10 forms for 2023 and beyond support@taxbandits.com 704.684.4751

  6. Choose TaxBandits to E-file Form 1095-C TaxBandits provides features that simplify the e-filing of Form 1095-C: Import all the health coverage information in bulk Internal audit checks identify basic errors on the Form Supports both state and federal e-filing Employee copy distribution solutions ● ● ● ● Visit https://www.taxbandits.com/aca-forms/features/ to explore more. support@taxbandits.com 704.684.4751

  7. Steps to E-File IRS Form 1095-C with TaxBandits Follow the simple steps to E-File IRS Form 1095-C 1. 2. 3. 4. 5. Enter employer and employee basic details Enter covered individual details Enter ALE member information Review & Transmit your Form 1094-C / 1095-C with the IRS Postal mail employee copies Note: Form 1094-C will be generated automatically when you file 1095-C with TaxBandits. support@taxbandits.com 704.684.4751

  8. ACAwise - A Full-Service ACA Reporting Solution ACAwise, a sister product of TaxBandits, supports complete ACA Reporting solutions. This Includes converting data, Form generation with required 1095-C codes from the health coverage data, and IRS / State E-filing, Employee Copy Distribution. Additionally, ACA Filing provides multiple data validations such as IRS Business Rules, XML Schema, Data Integrity Checks, TIN Matching, and USPS address Validation. Visit ACAwise.com to learn more about the services and features offered.

  9. Contact Us TaxBandits experts are available to help you with your e-filing questions. We are available via Phone, Email (or) through live chat. 704.684.4751 support@taxbandits.com support@taxbandits.com 704.684.4751

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