While the recent deadline extension for distributing Form 1095-C to employees brought temporary relief to many employers, it also raised questions among some employees. For example, some may be asking, “Do I need to wait until I receive all of the Form 1095 documents before I file my taxes?“
To help our clients address those types of questions, we are pleased to share a new resource. Entitled “Tax Forms 1095-A, 1095-B & 1095-C“, the article provides common questions and answers from the IRS about the new reporting documents that will be issued under the Affordable Care Act.
In addition, this article provides an easy-to-understand chart that highlights the differences between the three Form 1095 documents, including which employees may receive them and when. It also answers questions such as:
- “Will I get a Form 1095-C from each of my employers?“
- “What do I need to do with these forms?“
- “Should I attach Form 1095-A, 1095-B or 1095-C to my tax return?“
- And more…
We encourage all clients to log-in to the CBGconnect portal to download this article. Before you distribute it to your employees, please be sure to customize it to include your company’s logo, name, and the contact information for your Human Resources department.
If you have any questions or trouble in accessing this article, please contact a CBG Benefits’ team member at 781-759-1222.