{"id":3548,"date":"2025-01-07T08:00:52","date_gmt":"2025-01-07T08:00:52","guid":{"rendered":"https:\/\/www.tax1099.com\/blog\/?p=3548"},"modified":"2025-10-30T11:31:23","modified_gmt":"2025-10-30T11:31:23","slug":"aca-forms-deadlines-late-filing-penalties-and-extensions-2024","status":"publish","type":"post","link":"https:\/\/www.tax1099.com\/blog\/aca-forms-deadlines-late-filing-penalties-and-extensions-2024\/","title":{"rendered":"ACA Forms: Deadlines, Late Filing Penalties, and Extensions for TY 2025"},"content":{"rendered":"

\u201cHealth is not just about what you eat. It\u2019s also about access to care.\u201d As the Affordable Care Act (ACA) continues to shape the healthcare landscape, accurate reporting of ACA Forms<\/a> has become a cornerstone for businesses large and small.<\/p>\n

Overview<\/h2>\n

Forms 1094\/1095-B<\/a><\/strong> and 1094\/1095-C<\/a><\/strong> are information returns under Section 6011(e)(2)(A)<\/strong> of the Internal Revenue Code. It states that any person, including a corporation, partnership, individual, estate, or trust<\/strong>, who is required to file 10 or more information returns, must file such electronically. Employers with 50 or more full-time employees in the previous year are required to file Forms 1094-C and 1095-C. Employers use these forms to report information about the health coverage they offer and the enrollment status of their employees.<\/p>\n

Note<\/strong>: 10 or more Information Return requirement apply separately for each type of return and separately to each type of corrected return. Additionally, the IRS<\/a> encourage all filers to submit the ACA Information Returns electronically even if they file less than 10 information returns.<\/p>\n

Instructions for Forms 1094 and 1095<\/h2>\n

The Affordable Care Act contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, businesses, insurers, tax-exempt organizations and government entities. Employers use these tax documents to report Health Insurance Offers, Coverage, and Affordable Care Act compliance.<\/span><\/p>\n

1095-C:<\/strong> The form is used to report information about each employee to the IRS and to the employee.<\/p>\n

1094-C:<\/strong> This form must be used to report to the IRS summary information for each Applicable Large Employer (ALE Member) (defined below) and to transmit Forms 1095-C to the IRS.<\/p>\n

1095-B:<\/strong> Reports individuals covered by minimum essential health coverage, ensuring compliance with ACA requirements.<\/p>\n

1094-B:<\/strong> It is a transmittal form that accompany Forms 1095-B, summarizing the data being submitted to the IRS.<\/p>\n

Who files ACA Forms?<\/h3>\n

1095-B<\/strong>: Insurance providers, including self-insured employers, government-sponsored programs, and other health insurers.<\/p>\n

1095-C<\/strong>: Applicable large employers (ALEs) with 50 or more full-time employees.<\/p>\n

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Ensure ACA Compliance in Minutes with Tax1099<\/h3>\n
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Start e-filing 1095-B\/C<\/a><\/div>\n<\/div>\n<\/blockquote>\n

Information Filled in ACA Forms<\/h2>\n

Employers will need to capture:<\/p>\n