Told you we would let you know when the final 2019 1095-C forms are out, and here they are!
There are no significant changes, but here are a few things that have been removed/added to this year’s forms:
Again, the reduction of the individual mandate (there has been no repeal, only a penalty reduction) has no impact on an Applicable Large Employer’s (ALE) obligation to file.
Furthermore, good-faith penalty does not apply to late forms or any failure to file.
Especially for first-time ALEs, building and filing 1095-Cs can be tedious, stressful, and a huge time-burden at the beginning of the year.
Contact our team at Benetech to learn how we can help.