Thursday, December 17, 2015

You May Receive a Form 1095C in January

Your payroll department has been working hard to get ready for new reporting requirements to stay in compliance with the Affordable Care Act.  Please be aware that you may receive a form 1095C in January, which reports your medical benefit status with the district. This new form will be in addition to your normal W2 form.  You may also receive a form 1095B from your medical insurance provider.  Both these forms are to be used when filing your 2015 IRS taxes.  Please consult your tax adviser if you have questions on how to report these forms.