Business

User Tools

Site Tools

Trace: • process_separation • asset_man_changecampus • Job Code - HRS3400 • RP Records • pmispositionmodify_date_body
academy:business_process1095forms

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision		Previous revision
academy:business_process1095forms [2022/12/15 15:12] – emorenoacademy:business_process1095forms [2024/12/11 15:46] (current) – emoreno
Line 8: Line 8:
 **Created:** 12/07/2018 **Created:** 12/07/2018
 \\ \\
-**Reviewed:** 12/12/2022+**Reviewed:** 12/11/2024
 \\ \\
-**Revised:**  12/12/2022+**Revised:**  12/11/2024
  
 <WRAP round intro>The purpose of this document is to guide you through the necessary steps to verify and produce the Affordable Care Act (ACA) Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage). After the 1095 data is finalized, provide 1095 forms to employees according to their EmployeePortal 1095 consent option. Also, create the ACA 1095-B or 1095-C electronic file to be submitted to the Internal Revenue Service (IRS). <WRAP round intro>The purpose of this document is to guide you through the necessary steps to verify and produce the Affordable Care Act (ACA) Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage). After the 1095 data is finalized, provide 1095 forms to employees according to their EmployeePortal 1095 consent option. Also, create the ACA 1095-B or 1095-C electronic file to be submitted to the Internal Revenue Service (IRS).
Line 22: Line 22:
  
 ---- ----
- 
-===== Before You Begin ===== 
- 
-++++Before you begin:|{{page>academy:process1095_beforeyoubegin&inline}}++++ 
  
 =====Description of Forms===== =====Description of Forms=====
Line 56: Line 52:
 </div> </div>
  
-=====Process 1095 Forms===== 
  
-VCV If your LEA plans to use the extract method of creating 1095 records for the calendar year, then use the following two steps to maintain employee insurance data throughout the calendar year. Creating records via the extract is covered in step 2b of this document.  +----
  
-VCV If your LEA plans to copy 1095 records from the prior year, manually enter records, or import a text file to create 1095 records, skip the following steps and continue to step 1.+===== Before You Begin ===== 
 + 
 +{{page>academy:process1095_beforeyoubegin}} 
 + 
 +VCV If your LEA plans to use the extract method of creating 1095 records for the calendar year, use the following two steps to maintain employee insurance data in Personnel throughout the calendar year. Creating records via the extract is covered in step 2b of this document.  
  
   * ++Set up insurance company codes table.|{{page>general:1095_setup_insurancecompany_code_table&inline}}++    * ++Set up insurance company codes table.|{{page>general:1095_setup_insurancecompany_code_table&inline}}++ 
   * ++Add/update staff insurance data.|{{page>general:1095_updatestaffinsurance&inline}}++    * ++Add/update staff insurance data.|{{page>general:1095_updatestaffinsurance&inline}}++ 
 +
 +VCV If your LEA plans to copy 1095 records from the prior year, manually enter records, or import a text file to create 1095 records, continue to step 1 of this document.
 +
 +
 +<WRAP center round info>
 +Keep in mind, regardless of what method is used to create 1095 records, in most cases, some manual changes will be required to ensure accurate reporting. 
 +</WRAP>
  
  
 ---- ----
 +
 +=====Process 1095 Forms=====
  
  
academy/business_process1095forms.1671117130.txt.gz · Last modified: 2022/12/15 15:12 by emoreno

Page Tools

Except where otherwise noted, content on this wiki is licensed under the following license: CC Attribution-Share Alike 4.0 International

Americans with Disabilities Act (ADA) and Web Accessibility

The Texas Computer Cooperative (TCC) is committed to making its websites accessible to all users. It is TCC policy to ensure that new and updated content complies with Web Content Accessibility Guidelines (WCAG) 2.0 Level AA. We welcome comments and suggestions to improve the accessibility of our websites. If the format of any material on our website interferes with your ability to access the information, use this form to leave a comment about the accessibility of our website.