ACA Forms › E-File ACA Form 1095-C Electronically
FAQ for Form 1095-C Filing Filing Year 2024
What is Form 1095-C?
Form 1095-C is an information return filed by employers with at least 50 full-time + full-time equivalent employees. These employers are known as 'Applicable Large Employers' or ALEs by the IRS. This form tells the IRS if the employer met ACA guidelines for the healthcare coverage they offer, and it requires that employees receive a recipient copy.
Applicable Large Employers
at least 50 full-time + full-time equivalent employees for all EINs added together that share a common owner
For more info on Tax Year 2023 Form 1095-C, click here
We also recommend checking out the IRS.gov ACA FAQ, which contains many common 1095-C questions in an easy-to-understand format.
When Should I Submit Form 1095-C?
Here are the critical dates for filing and distributing Form 1095-C deadlines.
February 28th, 2024
Paper File Deadline
March 1st, 2024
Employee Copy Deadline
April 1st, 2024
E-File Deadline
How Do You E-file Form 1095-C for Tax Year 2023 with BoomTax?
Import Your Form 1095-C Data
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
Step-By-Step Wizard
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.
E-File & Mail Employee Copies
Once your data is loaded, you can e-file and distribute employee copies in minutes.
How can I Request an Extension for Filing ACA Form 1095-B or 1095-C?
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.
What are the types of Form 1095 Penalties?
ACA penalties are typically split into two categories:
-
Employer Shared Responsibility Payment (ESRP):
This penalty applies to large employers who do not offer minimum essential coverage to at least 95% of their full-time employees (and their dependents),
and at least one of their full-time employees receives a premium tax credit for purchasing individual coverage on one of the health insurance marketplaces.
The ESRP is also known as the "employer mandate" or "play or pay" penalty.
- Reporting and Disclosure Penalties: These penalties are assessed for failing to file required information returns with the IRS or to provide required statements to individuals. These information returns include Form 1094-C and Form 1095-C, which large employers must file under the ACA's reporting requirements.
Please click here to learn more about the various types of IRS ACA penalties and their corresponding fines.
All Features Included
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
- Federal E-File
- State E-File
- Recipient Copy Download as PDF
- Official IRS Copy Download as PDF
- Unlimited Corrections
1095-C Bulk Import
Import many companies in one spreadsheet to simplify data input.
Data Validation
We validate your data against hundreds of IRS rules.
Hands Off E-File
No IRS registration or testing required.
Free Corrections
Make as many changes as needed for free.
What is Required to E-File ACA Form 1095-C?
At a minimum, you need the following information to complete a 1095-C:
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Part I - Employee: Basic census data including the employee's name, SSN, and address
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Part I - Employer or Applicable Large Employer (ALE): Company name, EIN, and address
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Part II - Employee Offer of Coverage: ACA Codes for Box 14 and 16 along with premium amounts and optional data for ICHRA plans.
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Part III - Covered Individuals: Name, TIN, Date of Birth (optional if TIN entered), and checks for the covered months
Refer to our 1095-C instructions to help with completing Form 1095-C.
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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.
