IRS Releases Drafts of ACA Reporting Forms 1095-C, 1094-C

The IRS has released drafts of two forms for reporting 2016 health-coverage information under the Affordable Care Act.

Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, and Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, are to be filed in early 2017. The draft forms are for employer planning purposes and may change before their final release later in 2016, the Internal Revenue Service said July 7.

The instructions on the draft of Form 1095-C were revised to reduce confusion on how data entered on Line 14 affects Line 15, which now ...