FAQs on ACA Forms

Are there any penalties involved due to the failure in e-filing Form 1095-C?

Yes! Penalties are levied on employers (ALE) who don’t file the Form 1095-C. According to the guidelines set by the IRS, employers can face penalty of $260 for each 1095-C forms that they don’t file. In addition, the total penalty won’t exceed to about $3,193,000 for the current taxable year. You might get certain waivers if you don’t file Form 1095-C due to reasonable causes.

Last modified 26 Jul 2017 17:07 EST

Related Questions

What is Form 1095-C?

When is the deadline to file Form 1095-C?

What are the information needed to file and complete the Form 1095-C?

What should I do if I made a mistake on my Form 1095-C?

Can all the information present in the Form 1095-C be corrected?

Success Starts with TaxBandits

The Smart Business Owners Choice