Draft 2016 IRS Reporting Forms Released

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The Internal Revenue Service (IRS) released draft versions of the 2016 Forms 1094-C and 1095-C.  These forms are used by employers who must report under Internal Revenue Code Section 6056 on their full-time employees and the employer-sponsored coverage offered.

The IRS has yet to release the draft 2016 Instructions but the draft forms remain largely unchanged from the 2015 versions.  There are some minor revisions, including:

  • Line 22, box B on Form 1094-C and Line 14, code 1I are now “Reserved” since the Qualifying Offer Method Transition Relief was only available for 2015.
  • Two additional Line 14 codes have been added – 1J and 1K.  These are related to conditional offers of coverage to spouses.  More information on these new codes is expected in the draft Instructions.

The draft instructions are expected to be issued later this summer with the finalized 2016 Forms and Instructions following shortly thereafter.