What do I need to know about the IRS tax form 1095-C?

The 1095-C is an IRS tax form required under the Affordable Care Act (ACA). Starting with tax year 2015, if you were employed an average of 30 hours per week in any month, by an employer who is required by the ACA to either provide or offer you government-approved medical health coverage, then that employer must produce this form.

A copy will be sent to…

  1. You (the employee), no later than March 31, 2020; and,
  2. The IRS, no later than March 31, 2020 electronically.

This form serves two main purposes. As applicable, it will help you, as a taxpayer…

  1. Document what medical coverage your employer made available to you (if any); and,
  2. Determine if you qualify for an ACA exemption or tax credit; or, if you owe additional tax.

Be sure to retain this form with all your other supporting tax documents. You should not send it in with your tax return. If someone helps you prepare your tax return, you should make sure they are aware of this form. Also, be sure to read the form's "Instructions for Recipient," as well as any supplemental inserts. Ask your tax preparer or advisor if you have specific questions while filing your taxes. Everyone's tax  situation is different, and Carpenters Southwest Administrative Corporation is not able to give you tax advice. Visit the IRS web page on this topic to learn more.