IRS Form 1095 – ExpressIRSForms
IRS Form 1095 - ExpressIRSForms

http://www.expressirsforms.com/ Hi, I’m Charles with ExpressIRSForms. In this video, we’re going to focus on Affordable Care Act Form 1095. Form 1095 is filed by insurance providers and certain employers either as a 1095-B or a 1095-C. If you’re an insurance provider or an applicable large employer, you’ll need to file one of these forms for every client or employee you provide coverage for each year, similar to how W-2s are filed to report wages. Form 1095-C is filed by applicable large employers, and those are employers with 50 or more full-time employees. On Form 1095-C, you’ll need to report your employee’s basic information as well as month by month information about their health insurance coverage. Form 1095-B reports very similar information, but it’s filed by insurance providers who aren’t large employers. A copy of Form 1095 is filed with the IRS and one is sent to your recipient. If you have more than 250 ACA forms to file, you’re required to e-file your forms by the IRS. But we recommend e-filing anyway, it’s faster and you’re less likely to make an error. Especially with ExpressIRSForms! Check out our site for more ACA information or to get started filing.