Be aware of these three new tax filing deadlines

As you begin preparing your final payroll tax returns for 2016, take into account earlier due dates for two common information reporting forms and one extended due date for health coverage reporting forms. Forms W-2 for 2016 are due January 31. The January 31 deadline applies to forms given to employees, as well as those submitted to the Social Security Administration. Forms 1099-MISC with…

Don’t Confuse Health Care Forms

With the tax filing deadline approaching, remember that the Affordable Care Act contains tax provisions that affect your 2015 income tax return. Taxpayers who are claiming or reconciling the premium tax credit, or claiming an exemption from the requirement to have health coverage must complete IRS forms related to the health care law. Because the form numbers are similar, it’s important that you…

What to Do if You Don’t Receive Your Health Care Information Forms

This year, you may receive one or more forms that provide information about your 2015 health coverage; these forms are 1095-A, 1095-B and 1095-C. The IRS does not issue these forms and cannot provide you with a copy of any of these forms. This tip provides guidance about what you should do if you are expecting to receive any of these forms, but do not have them by the time you are ready to file…

How to report your 1095-B or 1095-C

Department of the Treasury Internal Revenue Service

Here’s What You Need to Do with Your Form 1095-B

This year, you may receive one or more forms that provide information about your 2015 health coverage you had in 2015.  These forms are 1095-A, 1095-B and 1095-C. This tip is part of a series that answers your questions about these forms.

Form 1095-B, Health Coverage, provides you with information…

Blue Shield requests missing Social Security numbers for 1095-Bs

Blue Shield of California

Blue Shield collects missing SSNs and sends 1095-B health coverage forms

On January 6, 2016, we sent letters to off-exchange plan members who did not provide their Social Security numbers (SSNs) upon enrollment. The letter requests completion of a form as required by an ACA mandate. The ACA mandate requires insurers, including Blue Shield of California, to provide annual…

1095-B and 1095-C Form may arrive late

Department of the Treasury Internal Revenue Service

The IRS has extended the due dates for the health insurance coverage forms 1095-B and 1095-C to be sent out as late as March 31, 2016. The original issue date had been January 31, 2016. As a result, some tax filers may not have either the 1095-B or 1095-C when they file their federal taxes. However, neither a copy the 1095-B or -C needs to be su…

1095-B Form for the IRS and tax return

Department of the Treasury Internal Revenue Service

Understanding Your Form 1095-B, Health Coverage

Form 1095-B, Health Coverage, is used to report certain information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and therefore aren’t liable for the individual shared responsibility payment.

Minimum essential coverage includes government-sponsored…