The IRS released final 1094-B/C and 1095-B/C Forms for the 2022 reporting year. The Forms will be used for completing 2022 tax year health care reform reporting.
The “B” forms are used by insurers and some self-insured health plans to report health coverage information. The “C” Forms are used by applicable large employers to report coverage and offers of coverage.
Few changes have been made from the 2021 Forms. There is a change to the numbers for the affordability percentage and penalty amount due to cost of living adjustments. The due dates for the forms have been updated. The 1095 Forms must be furnished to individuals by March 2, 2023. The IRS transmission deadlines for Form 1094 are February 28, 2023 for paper filings and March 31, 2023 for electronic filings.
Copies of the forms may be accessed by clicking the links below.