What is Form 1095-C?

Payroll + HR + Benefits in an all-in-one solution. Request a BerniePortal demo today!
Employers can’t afford to ignore Affordable Care Act requirements, especially 1095-C forms. In this episode of HR FAQ, Sarah explains what it is, who’s required to file, and when.

BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy.

What is an HRIS?

BernieU: Your free one-stop-shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources. Approved for SHRM & HRCI recertification credit hours. Enroll today!

The HR Party of One Blog

Join the HR Party of One Linkedin Group!

▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

What is Form 1095-C and Why Does it Matter?

Form 1094-C & 1095-C Reporting Basics and ALE Calculator

UPDATED: HR's Guide to Filing and Distributing 1095-Cs

Final 2021 1094-C, 1095-C ACA Reporting Forms Issued by IRS

HR Calendar 2022: Compliance Dates and Holidays

BerniePortal 1095-C Reporting Feature Book

BernieU: Intro to Forms 1094-C and 1095-C

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

00:00 New year, new round of compliance deadlines.
00:32 What is Form 1095-C?
01:41 Who’s Required to File Form 1095-C and When?
02:35 ALE Filing Deadlines & HR Calendar
02:51 Streamline ACA Compliance & Form 1095-C Reporting

▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬

▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬

#HR, #HumanResources, #HRTips, #HumanResourcesTips, #SmallBusiness, #HRPartyOfOne, #1095, #1095c Payroll + HR + Benefits in an all-in-one solution. Request a demo today!

[Shadow]

Helpful vid! I was struggling to find answers. At first I Googled "why 1095 form required for tax filing" and got 'cuz you need to prove you had health coverage', which isn't helpful enough. So I Googled "why need to prove health coverage when filing taxes" and couldn't find a clear answer til I found this vid. Particularly, 1:30 explains that it's the employer who could get in trouble for not offering FTEs sufficient coverage. That explains a lot. I know that starting a few yrs ago, there's no longer a penalty against the citizen for lacking sufficient coverage. Which would make me wonder "...So since coverage is no longer required, why do we need to file 1095? How do we get in trouble for not filing it?"

I wish the answers to these questions were more upfront in our online searching. Anyway, thx again for this vid! Hope more helpful info like this get uploaded and become easily accessible real soon. It's already Jan '22.

[nicoleh]

Great video- thanks for the clear and concise info!

[dtalebankz]

What’s the benefit of filing the 1095c I didn’t even know I had insurance but I got a 1095-c..

[Roxx_Boxx]

It says you don’t have to file for tax return, but then it says if you don’t file, then you will be charged for each month you didn’t file for… someone make it make sense. It says you have to tell the IRS well how do you tell the IRS????

[fyori]

What is an employee supposed to do with the form? And how do we know we got the benefit of the coverage?

[vickik]

Do I file one for every employee or just those with coverage?

[johnnygeneric]

Another worthless crappy form. I shredded mine.