A hardcopy form will be mailed to your home address on record. Is the 1095-C available online?Īt this time, forms are not available online. In this case, the form can be completed using information from the 1095-C or information from the personalized open enrollment materials such as the confirmation statement. If an employee or dependent did not have coverage for all 12 months, the IRS may require completion of an additional tax form. Similar to last year, the IRS is asking individuals to check a box on their income tax return if they had health insurance coverage during the prior year. You should retain the form with your tax records. The IRS guidelines allow for taxes to be filed using other information provided by the employer.
You do not need to wait until you receive the 1095-C form to file your taxes. What if I plan to file before I receive my 1095-C? The IRS does not require individuals to mail in the form with their annual income tax return, but you should retain the 1095-C form with your other important tax records. When will I receive my 1095-C?ĭuke Human Resources will send the 1095-C form to the home addresses of faculty and staff no later than March 4. /rebates/2ftax-center2firs2fforms2fguide-to-form-10952f&252ftax-center252firs252fforms252fguide-to-form-1095252f26tc3dbing-&idhrblock&nameH26R+Block&ra9. Who receives the 1095-C?Įmployers must provide the annual 1095-C form to all full-time and part-time employees who were eligible or enrolled in health insurance coverage, former employees who were enrolled in coverage, and retirees who enrolled for Duke’s health insurance during the calendar year. The 1095-C has three parts: Part I includes specific information about the employee and the employer such as the employee’s name, Social Security number, Employer Identification Number (EIN) Part II includes which months the employer offered medical coverage and the lowest cost plan available and Part III lists the people covered under the employee’s health insurance. The purpose of the 1095-C form is to document whether the employer offered health insurance coverage and whether the employee and any eligible dependents were enrolled in coverage during the calendar year. On your annual tax return, you will be required to indicate if you and your dependents had qualifying medical coverage. We will research and if applicable expedite sending you a corrected 1095-C for your records. I didn’t receive my 1095-C or think a correction is needed. How do I get another one?Ĭall the HRIC at (919) 684-5600 and another copy will be sent to you. For most faculty and staff, this amount is the employee portion of the premium for Duke Basic. The dollar amount is the lowest cost monthly premium for individual coverage for the calendar year being reported. What does the dollar amount on Line 15 of my 1095-C represent? Duke provides this form annually as part of the requirements of the Affordable Care Act. In addition to the standard W-2 form, employees also receive the federal tax form called a 1095-C.
0 kommentar(er)
