These FAQs provide information about ACA reporting requirements under IRC Sections 6055 and 6056. Specifically, the FAQs provide guidance to applicable large employers (ALEs) on how to complete Part II (Lines 14, 15, and 16) and Part III of Form 1095- C. The ACA defines ALEs as those with 50 or more full-time employees (FTEs), including full-time-equivalent employees, in the preceding calendar year. For purposes of the following FAQs, it is assumed that all employers are ALEs unless otherwise noted.
Section 6056 requires employers to use Forms 1094-C and 1095-C to fulfill the annual ACA reporting requirements. Form 1094-C is used for transmitting Form 1095-C. Self-insured (including level-funded) employers will combine Sections 6055 and 6056 reporting on Form 1095-C.
Immediately below is a quick reference guide to help clarify the meaning of codes and acronyms used throughout the FAQs. This is followed by a series of FAQs that pertain equally to both fully insured and self-insured employers or specifically to employers with only one or the other funding arrangement, as indicated.
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