Forms 1094/1095 Reporting

Forms 1094/1095 Reporting

ACA Section 6055 states that every provider of minimum essential coverage will report coverage information to the IRS by filing an information return and furnishing a statement to participating individuals.

Section 6056 requires applicable large employers (ALEs) to file information returns with the IRS providing statements to their full-time employees about the health insurance coverage offered.

In order for the IRS to administer these requirements, they must gather information on individuals and employers to confirm ACA compliance. Depending on your plan(s), Forms (Form 1094-B, Form 1095-B, Form 1094-C and Form 1095-C) must be filed annually to report on data from the previous year.

This document is a guide to filing the Forms required by Sections 6055 and 6056.