Hi, I'm Charles with Express IRS Forms. In this video, we're going to focus on the Affordable Care Act form 1095. The form 1095 is filed by insurance providers and certain employers, either as a 1095-B or a 1095-C. If you're an insurance provider or an applicable large employer, you'll need to file one of these forms for every client or employee that you provide coverage for each year. It's similar to how W-2s are filed to report wages. The form 1095-C is filed by applicable large employers and those with 50 or more full-time employees. On Form 1095-C, you'll need to report your employees' basic information, as well as the month-by-month information about their healthcare coverage for the year. The form 1095-B reports very similar information, but it's filed by insurance providers who aren't large employers. A copy of the form 1095 is filed with the IRS, and one is sent to your recipient. If you have more than 250 ACA forms to file, you're required to e-file by the IRS. However, we recommend e-filing anyway because it's faster and you're much less likely to make an error, especially with Express IRS Forms. Check out our site for more ACA information, or get started on your filing.
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Video instructions and help with filling out and completing Who Form 1094 B Arent
