On December 9, 2021, the IRS published the final Affordable Care Act (ACA) reporting instructions for the 2021 tax year (and the 2022 calendar year). The instructions for Applicable Large Employers (ALEs) include the final Form 1094-C and Form 1095-C, new codes related to individual coverage health reimbursement arrangements, details on every filing deadline, updates on Good Faith relief, and information about electronically filing forms with the IRS. To satisfy the ACA employer mandate and avoid penalties, all Applicable Large Employers (ALEs) should know these six considerations in 2022.
Download the Brief to:
- Learn the ACA reporting deadlines for this calendar year
- Find out detailed information about the 2021 ACA reporting forms
- Outline best practices for filing forms with the IRS
- Discover new codes for ACA reporting