Fill Form 1094 B Agencies 2024

Hello, this video is about filing Form 1094. I will cover the following topics in this video: the purpose of Form 1094-C and a review of each of the four parts of Form 1094-C. The purpose of Form 1094-C is to report to the IRS summary information for each employer and to transmit Forms 1095-C to the IRS. Secondly, the purpose of Form 1094-C is to determine whether an employer owes a penalty. This penalty is called the employer shared responsibility payment. Let's get started reviewing each part of Form 1094-C. Part 1 reports information about the applicable large employer or ALE. On line 1, enter the name of the applicable large employer, and on line 2, enter its employer identification number. Lines 3 through 6 should include the employer's address. Enter on lines 7 and 8 the name and telephone number of a contact who can answer Form 1094-C and 1095-C questions. If the filer is a designated government entity (DGE) filing on behalf of an employer, complete lines 9 through 16. Otherwise, skip to line 18. If the filer is a designated government entity, enter the designated government entity's name and employer identification number on lines 9 and 10. Lines 11 through 14 should include the designated government entity's address. Lines 15 and 16 should list the name and telephone number of a contact who can answer Form 1094-C questions. On line 18, enter the total number of 1095-C's submitted with this 1094-C. For example, if the employer is filing 110 1095-C's with this 1094-C, enter 100 on line 18. Check the on line 19 if this 1094-C is the authoritative transmittal. If this 1094-C is not the authoritative transmittal, the filer may skip parts 2, 3, and 4. Regardless of whether the 1094-C is the authoritative or not authoritative transmittal, the filer must...