The IRS published early release drafts of Forms 1094-C (Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns) and 1095-C (Employer-Provided Health Insurance Offer and Coverage). The draft forms 1094-C and Form 1095-C are available at www.irs.gov/pub/irs-dft/f1094c--dft.pdf and www.irs.gov/pub/irs-dft/f1095c--dft.pdf, respectively.
For reports on health insurance coverage for the 2016 year, Applicable Large Employers (ALEs) with at least 50 full-time employees, including full-time equivalent employees, must issue Form 1095-C to each full-time employee by January 31, 2017. ALEs must file Forms 1094-C and 1095-C with the IRS by February 28, 2017, or March 31, 2017 if filing electronically. ALEs filing 250 or more returns must file the forms electronically.
The Draft Form 1094-C deleted "Qualifying Offer Method Transition Relief" as an option for Line 22 Certifications of Eligibility. This is because such transition relief is no longer available.
The Draft Form 1095-C includes two new codes for Line 14, 1J and 1K. Both codes recognize that employers offer coverage to spouses only when certain conditions are met.
- 1J. Minimum essential coverage provided minimum value offered to you; minimum essential coverage conditionally offered to your spouse; and minimum essential coverage NOT offered to your dependent(s).
- 1K. Minimum essential coverage providing minimum value offered to you; minimum essential coverage conditionally offered to your spouse, and minimum essential coverage offered to your dependent(s).
Comments about the draft forms may be submitted on the Comment on Tax Forms and Publications page on IRS.gov.