In January I shared sample answers to seven questions your employees might have about their 1095 forms. The positive response showed a lot of you are searching for plain language to help explain Affordable Care Act (ACA) requirements to your employees.

When the Internal Revenue Service (IRS) recently posted two tax tip web pages with answers to potential employee questions about 1095-Bs and 1095-Cs, I knew I needed to share them with you—Consider them another tool to help your workers understand the 1095s, those scary new forms showing up uninvited in their mailboxes.

3-4_helpful-irs-employee-tax-tips-about-1095-forms

The sample questions and answers come straight from the IRS and are pretty straightforward—yes, really! So feel free to use them according to your organization’s needs. Point your employees directly to the IRS web pages or copy and paste the Q&As into your own communication materials and tailor them to fit your organization.

[Related: Will ACOs Go the Way of HMOs and What Is the Difference Anyway?]

Employee questions answered in the IRS tax tips:

  • Will I get a Form 1095-C/1095-B?
  • How do I use the information on my Form 1095-C/1095-B?
  • What if I don’t get my Form 1095-C/1095-B?

Good luck with your communications; I hope you are seeing the light at the end of the ACA reporting tunnel. Next year will be the second time around for 1095s, so all will go smoothly, right???


Lois Mathis-Gleason, CEBS
Manager, Reference/Research Services at the International Foundation

blog_CHPN

 

 

 

 

 

Lois Gleason, CEBS

Manager, Reference/Research Services at the International Foundation

Favorite Foundation service/product: The Employee Benefits Survey (conducted every few years; it is very comprehensive)

Benefits-related topic top picks: Affordable Care Act, multiemployer pension plans

Favorite Foundation conference moment: Working the bookstore/information center at the Employee Benefit Symposium and meeting our members

Personal Insight: When she’s away from work, Lois likes to dive into 19th century Brit lit novels by Dickens, Eliot, Hardy and the Bronte sisters. These works are spicy and action-packed when compared to the employee benefit rules and regulations she reviews all day.

2 thoughts on “Helpful IRS Employee Tax Tips About 1095 Forms

  1. Earl hall

    You dont answer any questions re the
    1095!!!!!!!! Why write the article?

    1. Ann Godsell, CEBS

      Earl, you might like to read the previous post “Seven Questions Employees Will Ask About the ACA 1095s” for some sample questions and answers: https://blog.ifebp.org/index.php/seven-questions-employees-will-ask-about-the-aca-1095s. This post was just alerting readers to additional resources available on the IRS site.

Comments are closed.

Recommended Posts

FAQs on Workplace Emergency Savings Accounts Under SECURE 2.0  

Jenny Gartman, CEBS
 

The U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) has issued FAQs on optional pension-linked emergency savings accounts (PLESAs) as part of the implementation of the SECURE 2.0 Act of 2022 (ERISA section 801). SECURE 2.0 authorized 401(k), 403(b) and governmental […]

Foundation Survey Results–Focus on Mental Health Initiatives in Apprenticeship Programs

Justin Held, CEBS
 

The International Foundation just released Top Trends in Apprenticeship Programs—2024 Survey Results, the 8th iteration of their apprenticeship program benchmarking survey. In addition to focusing on trends, such as individual and program challenges, life skills, and partnerships, this iteration takes a deep […]