ACA Forms › Submit Form 1095-B for Tax Year 2023 Electronically
The IRS Encourages Taxpayers to Electronically Submit 1095-B Forms for Faster Processing. Start Your E-File Today!
Submitting your 1095-B electronically takes just a few minutes with our platform. Our user-friendly process and built-in audit checks ensure that your returns are error-free when sent to the IRS.
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.
Once your data is loaded, you can e-file and distribute employee copies in minutes.
Personal Details: Name, EIN, and Address
Employer/Coverage Provider Information: Name, EIN, and Address
Details of Issuer: Name, EIN, and Address
Consult our 1095-B guide to understand how to complete your Form 1095-B.
For the 2023 tax year, the IRS has published the final version of Form 1095-B. According to the release, there are no modifications to the Form.
The IRS has revised the affordability and penalty rates for tax year 2023.
For additional information, click here.
Form 1095-B is an information return filed by health insurance providers or employers offering self-funded coverage with fewer than 50 full-time + full-time equivalent employees.
For more info on Tax Year 2023 Form 1095-B, click here.
Generally, ACA filing is handled by self-filing or by using an ACA Software provider:
Learn more about filing ACA Forms online.
If you can't file ACA Form 1095-B or 1095-C on time, you can request an automatic, 30-day extension by filing Form 8809
OR by requesting a time extension directly from BoomTax.
Learn to request an ACA Form extension or check out our extensive deadlines.
The IRS determines ACA penalties based on various factors, including missing the deadline, providing incorrect information, or using paper forms when electronic filing is required.
The IRS has increased the penalty amounts for the 2024 filing year.
$310 per form
up to$1,261,000 per year (smaller businesses)
$3,783,000 per year
$310 per form
up to$1,261,000 per year (smaller businesses)
$3,783,000 per year
$630 per form
no maximum penalty
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
Import many companies in one spreadsheet to simplify data input.
We validate your data against hundreds of IRS rules.
No IRS registration or testing required.
Make as many changes as needed for free.
Here are the key dates for filing and distributing Form 1095-B deadlines.
Paper File Deadline
Employee Copy Deadline
E-File Deadline
It is important that you take the time to review the information you are reporting on your Forms 1095-B for accuracy before distributing and filing. This will minimize the risk of common errors, which can result in your business incurring penalties and fines.
If you submitted your original filing electronically, then you should edit your filing accordingly with the original vendor. If you submitted your original filing via mail, you should complete a new form and include the updated information. Make sure to check the "Corrected" box at the top of the form when making paper updates.
Always include a new transmittal Form 1094-B when mailing corrections to the IRS. Before you can consider your correction complete, an updated copy of the form must also be provided to the recipient. This ensures that all parties have updated information.
Takes Only 30 Seconds
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.
