IRS Releases Draft Healthcare Reporting Forms

As reported by ADP, the Internal Revenue Service (IRS) published its draft of 2016 Instructions for healthcare reporting Forms 1094-C and 1095-C. ADP is a global provider of cloud-based Human Capital Management solutions.

These draft IRS forms represent another step in implementation of the Affordable Care Act. These rules apply to all Maryland county government employers. As described by ADP,

The Internal Revenue Code requires employers of 50 full-time employees or more to report to the IRS whether they offer their full-time employees and their employees’ qualified dependents the opportunity to enroll in minimum essential coverage under an eligible employer-sponsored plan.

For additional information on the draft forms, see IRS Releases Draft 2016 Affordable Care Act Reporting Forms.