The IRS released its draft forms for 2021 ACA reporting.
The IRS released draft 1094-B/C and 1095-B/C Forms for 2021. Once finalized, the forms will be used for completing 2021 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.
The 1095-C Form removes some of the coding options for Line 14 that were added last year relating to individual coverage HRAs.
No changes seem to have been made to Form 1095-B and the 1094 Forms are unchanged.
Copies of the forms may be accessed by clicking the links below.
Form 1094-CBAS’ ACA data collection and reporting services will incorporate the new form revisions. For information about ACA services, contact your account manager or solutions@BASusa.com.