Affordable Care Act Information Returns (AIR)

The ACA individual mandate requires Americans to have qualifying health insurance or minimum essential healthcare coverage. The individual mandate is part of The Affordable Care Act (ACA) which became law in March 2010. The IRS assessed penalties if individuals didn’t have proof of health insurance when they filed their taxes. In December 2017 (effective January 1, 2019), Congress repealed the financial penalties for individuals not having health insurance, but the requirement to have health insurance still exists.

Large employers continue to mail Form 1095-B or 1095-C to employees and paper or electronically file these forms to the IRS. Here is some helpful information:

Paper Filing 1095-B or 1095-C forms Electronic Filing Replacement Files 1094-C Corrections 1095-B and 1095-C Corrections