IRS Forms

1095-C Form

1095-C—Employer-Provided Health Insurance Offer and Coverage is the IRS tax form used for reporting employees of Applicable Large Employers members. If you’re a full-time employee of an ALE member for at least one month of the tax year, you will be furnished with a 1095-C.

Who is an Applicable Large Employer?

An Applicable Large Employer is a business that has at least 50 full-time employees. For the purposes of the Affordable Care Act, all ALS must offer health insurance plans to their employees that provide minimum essential coverage.

The employees aren’t mandated to choose the health insurance plan provided by the employer but the employer must offer it. Otherwise, monetary penalties under shared responsibility payment will be subjected to the employer.

The shared responsibility payment—for 2021 is a minimum of $695 per adult and $347.50 per child.

Form 1095-C Instructions

Applicable Large Employers must furnish all of their employees with a copy of Form 1095-C. Filing Form 1095-C is pretty simple as it only requires the employer to offer coverage along with the employee’s age and plan start month.

The coverage details which are offered coverage, employee required contributions, and Section 4980H safe harbor and other relief can also be entered on Form 1095-C. If the employer doesn’t provide a health insurance plan to its employees, it must also be stated on Form 1095-C.

File Form 1095-C

Before you start filing Form 1095-C, know that you are also required to file Form 1094-C to the IRS but file 1095-C to the IRS, also.

The above Form 1095-C can be filled out online on your device. Click on the boxes to enter text and money amounts. Once you’re done, you can print out a paper copy or download it as a PDF. We suggest both to keep the 1095-C you filed for your own records.

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