How to E-File Form 1095-C for 2022 with TaxBandits
What Information is Required to E-file ACA Form 1095-C ?
- 1. Employer Details: Name, EIN, and Address
- 2. Employee Details: Name, SSN, and Address
- 3. Employee Offer of Coverage details: ACA Codes, and amounts
- 4. Covered Individual Details: Name, TIN, Date of Birth (if SSN or other TIN is not available), covered months
A simple, cloud-based Form 1095-C E-file software with amazing features!
Along with the IRS filing, you can also report health coverage information to the states that require ACA reporting.
Distribute Form Copies
TaxBandits distributes employee Form 1095-C copies by postal mail and/or through the TaxBandits online access portal.
Bulk Upload Templates allow you to import ACA Form 1095-C data in bulk rather than using manual entry.
Internal Audit Check
Our system has the IRS Business Rules built-in to identify errors and improve the accuracy of your forms.
ACAwise - A Full-Service ACA Form 1095-C Reporting Solution
ACAwise services include data handling, form generation complete with the required codes, and data validations at every stage of the process.
Success Starts with TaxBandits!
Workflow makes sense, navigation is easy, customer service is excellent with prompt call backs and thoughtful support.
Although I am an accountant and used to complete the form on my own, the application of Tax Bandits is great, as it highlights the items I have to complete, making it way much easier to complete.
What a lifesaver! The system was intuitive and had everything I needed. Very cost effective for small business owners and once completed I was able to go in and download any forms I needed as back up. Thank you for creating such a great program!
Straight forward UI takes you smoothly thru the specific process you need at a given time,..Thank you guys!
Frequently Asked Questions on Form 1095-C Filing
What is IRS Form 1095-C?
IRS Form 1095-C is filed by Applicable Large Employers (ALE) with 50 or more full-time employees to report their employees’ health coverage information to the IRS. This information is used by the IRS to determine whether an ALE Member owes a payment under the employer-shared responsibility provisions under section 4980H. A copy of Form 1095-C must also be sent to all employees.
To learn more about the 1095-C Form, visit www.irs.gov.
Click here to learn more about Form 1095-C for the 2022 Tax Year.
What are the recent updates to Form 1095-C for the 2022 Tax Year?
However, there have been a few updates to the affordability and penalty rates, to learn more about them, click here.
When is Form 1095-C due?
The following are the due dates for filing and furnishing Form 1095-C:
- Employee Copy Distribution - March 02, 2023
- Paper filing - February 28, 2023
- Electronic filing - March 31, 2023
For more information visit Form 1095-C filing due date.
Note: The IRS encourages businesses to file their forms electronically rather than filing paper forms.
What are the penalties for not filing ACA Form 1095-C?
The ACA penalties are based on many different factors, such as missing the filing deadline, failure to provide correct payee statements, and filing your form on paper when you were required to file it electronically.
According to the IRS, the penalty for failure to file a form 1095-C information return and provide a correct 1095-C employee copy is $280 for each return for which the failure occurs, with the total penalty for a calendar year not to exceed $3,426,000.
How can I apply for an extension to file ACA Form 1095-C?
If you’re unable to file ACA Form 1095-C on time, you can apply for an automatic 30-day extension by completing Form 8809 before the original deadline. Form 8809 is a simple form that can be completed in minutes. Learn More about the ACA Form 1095-C Extension.
Helpful Resources for Form 1095-C Filing
What is Form 1095-C?
Know about the Form 1095-C for 2022 ACA reporting. Read through this article to learn more about Form 1095-C.
Form 1095-C Instructions
TaxBandits has provided the complete guide that contains line by line instructions to file Form 1095-C.