Transcription of A Cheat Sheet for ACA Codes - Thread HCM
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A Cheat Sheet for ACA Codes - Thread HCM
555 North Point Center East - Suite 150 - Alpharetta, GA 30022 main (678) 366-3447 email web A Cheat Sheet for ACA Codes The information contained in this document is intended as a guide and is not tax or legal advice. If you have questions, please contact your tax preparer or other trusted advisor when filing forms with the IRS. The Form Below is Form 1095-C from the IRS website. This guide will explain each piece of the form and help you determine the proper Codes for the fields in Part II. Shown below in blue, Parts I and III are comprised of lines 1-13 and 17-34, respectively. These sections are easily enough, just employee information. Part I Shown below in orange, Part II is made up of lines 15-17. This section uses two sets of Codes released by the IRS to help employers have consistency when detailing the medical benefits they present to their employees. The Codes are used to describe various coverages, offers and other helpful explanations to avoid penalties each month for the employee on the form.
All 12 Months Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec 14 Offer of Coverage (enter required code) 15 Employee Required ... calendar year transition relief for the employee. ... 2/1/2018 11:59:12 PM ...
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