The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer health insurance coverage to their full-time employees and must report doing so under Section 6056. Form 1095-C is the annual statement employers use to report to the IRS about the insurance offered to the employer's employees.
Due to recipient
Paper file 1095-C with the IRS
E-file 1095-C with the IRS
If you’re unable to file Form 1095-B on time, you can apply for an automatic 30-day extension of time to file by completing Form 8809 by your original filing deadline. You can apply for this extension from your TaxBandits account!Learn More
Employers face a penalty of up to $260 per 1095-C Form the employer fails to file. The total penalty will not exceed $3,193,000 for the tax year. Waivers are available when failure to report is due to a reasonable cause.
You can make corrections to submitted 1095-C Forms. We at TaxBandits support ACA Form 1095-C corrections if your return was rejected by the IRS.