Human Resources
IRS Finalizes Instructions for 2016 Forms 1094-C and 1095-C

IRS Finalizes Instructions for 2016 Forms 1094-C and 1095-C

The Internal Revenue Service (IRS) has finalized the forms and instructions for the 2016 Forms 1094-C and 1095-C, which employers must complete to satisfy their reporting obligations under the Affordable Care Act’s employer mandate for the 2016 tax year. This Aon Hewitt bulletin discusses the changes for the 2016 final forms and instructions, including:

  • Reporting conditional offers of spousal coverage;
  • Section 4980H transition relief for non-calendar year plans;
  • Reporting post-employment coverage;
  • Reporting non-employees;
  • Filing multiple Forms 1094-C;
  • Reporting covered individuals;
  • Full-time employee definition;
  • Extension of filing deadlines; and
  • Information reporting penalties.

IRS Finalizes Instructions for 2016 Forms 1094-C and 1095-C