What are Forms 1094-C and 1095-C?
Forms 1094-C and 1095-C are used by Applicable Large Employers (ALEs) to report information to the IRS about the health insurance coverage they offered to full-time employees under the Affordable Care Act (ACA).
Who Must File?
Employers with 50 or more full-time employees (including full-time equivalent employees) in the prior calendar year are considered ALEs and must file these forms.
What is Form 1095-C?
Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, reports information about the health coverage offered to each full-time employee. Employers must provide a copy to each full-time employee and file copies with the IRS.
What is Form 1094-C?
Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, is a transmittal form that summarizes all the 1095-C forms filed. It's submitted to the IRS along with all Forms 1095-C.
When Are These Forms Due?
- To Employees: March 1 (or March 31 if filing electronically)
- To IRS: February 28 if filing by paper, or March 31 if filing electronically
Extensions are available by filing Form 8809.
What Information is Reported?
Forms 1095-C report:
- Whether health coverage was offered to the employee
- The employee's share of the lowest-cost monthly premium for self-only minimum essential coverage
- The months coverage was offered
- Whether the employee enrolled in coverage
Official Source: IRS Forms 1094-C and 1095-C
