IRS Form 1095-C : Boxes 14, 15 and 16
IRS Form 1095-C is used by applicable large employers (ALEs) to report information about health insurance coverage offered to their employees under the Affordable Care Act (ACA). Boxes 14, 15, and 16 are crucial for reporting specific details about the coverage provided. Here’s a breakdown of what each of these boxes represents: Box 14: Offer […]
The Rise of the State Healthcare Mandates
The rise of state healthcare mandates reflects an increasing trend where individual states are enacting their own health insurance requirements, particularly as federal healthcare policies fluctuate. These mandates typically require residents to have qualifying health coverage or face state-level penalties. Let’s explore the reasons, examples, and impacts of these mandates: 1. Reasons for State Healthcare […]
IRS Form 1095-C for ACA Reporting in 2021
Form 1094-C is unchanged from last year. Form 1095-C changes include: Employee’s age as of January 1 of the reporting year The IRS will now require an entry for the “Age” of each employee as of January 1, 2020. This will be in Part 2 on the 1095-C form. Use either an age or the full […]
DC, NJ Health Insurance Mandate
Both Washington, D.C. and New Jersey have state-level health insurance mandates that require residents to have qualifying health coverage or face potential tax penalties. These mandates are similar to the original federal individual mandate under the Affordable Care Act (ACA), which required health insurance but was effectively removed in 2019. Here’s a breakdown of each […]
Questions? Set up an appointment from technical support.
We can answer almost any technical support question you have and we are happy to help. The most common questions we receive are: How do I import data into your 1099FIRE software? Can you show me how? How can I electronically transmit a file to the IRS? Can you show me how to upload a […]
Letter 226-J and follow up letters from the IRS.
Letter 226-J is a penalty assessment notice that the IRS sends to employers with 50 or more full-time employees. Letter 226-J is the first letter you would receive from the IRS and the first step the IRS has taken to enforce the ACA mandate. One of the most common reasons Letter 226-J is sent is […]
1095-B and 1095-C Forms: How to Handle Ampersand (&)
I put together a sample file with the following business name and street address: business name: Selitestthree & Incorporated street address: 6689 Willow & Court I generated the XML. Our 1095 software will replace & with & as the business name and show it in XML like so: <BusinessNameLine1Txt>Selitestthree & Incorporated</BusinessNameLine1Txt> This is correct. The street address […]
System Authorization Error – SysError – 2 Header-005 Header-006
When electronic filing the 1095-B or 1095-C forms, I have seen this error twice this year: System Authorization Error – SysError – 2 Header-005 or Header-006 Publication 5165 says: Verify that the Transmitter Control Code (TCC – included in the ACA Business Correlation ID) is valid, in the “Active” status, and authorized to transmit the Information […]
ACA Software: Gateway Timeout Error
Roughly 5% of the files that we have uploaded to the IRS AIR System have stalled and then came back with the dreaded ‘Gateway Timeout Error’. A gateway timeout error means that the IRS server is taking so long that it’s ‘timing out’. If you reach this error, your file may or may not have […]
IRS Form 1095-C : Line 15 and 16 Instructions
IRS Form 1095-C is used by applicable large employers (ALEs) to report health insurance coverage offered to their employees under the Affordable Care Act (ACA). Lines 15 and 16 provide important information regarding the employee’s required contribution and enrollment status. Here are detailed instructions for filling out these lines: Line 15: Employee Required Contribution Purpose: […]
