The IRS has released final Affordable Care Act information reporting forms—Forms 1095-C, 1094-C and 1095-B—for 2016 information reporting purposes. The good news: Except for the expiration of transition relief, which applied to 2015 reporting, not much has changed on the forms. Final instructions have also been released.
What’s new. The forms include two new Line 14 codes on the 1095-C—Codes 1J and 1K—that you should use when you’re making conditional offers of coverage to employees’ spouses and dependents. The instructions flesh this out.
- A conditional offer is an offer of coverage that’s subject to one or more reasonable, objective conditions (e.g., you offer to cover an employee’s spouse only if the spouse isn’t eligible for Medicare or another group plan).
- You can use the new codes to report conditional offers to employees’ spouses as offers of coverage, regardless of whether spouses meet your reasonable, objective cond...(register to read more)