Form 1094-B is the IRS transmittal form used by employers and insurers to submit health coverage information from Forms 1095-B, ensuring ACA compliance.
Form 1094-B – Transmittal of Health Coverage Information Returns (paper). Call +1-866-513-4656 for professional guidance.
Filing health coverage information can feel overwhelming, especially when managing multiple 1095-B forms. Form 1094-B acts as a summary sheet, transmitting all individual coverage reports to the IRS in a clear, organized way.
Accurate submission of Form 1094-B protects employers and insurers from penalties and ensures employees’ coverage information is correct. For assistance with preparation or review, call +1-866-513-4656.
Introduction to Form 1094-B
Form 1094-B, “Transmittal of Health Coverage Information Returns,” is the cover form used to submit Forms 1095-B to the IRS. It summarizes the total number of forms, the total covered individuals, and includes filer information for contact and verification purposes.
This form is crucial for ACA compliance. Submitting it correctly ensures that both employers and insurers stay in good standing with the IRS. If you are uncertain, professional help is just a call away.
Who Should File?
Employers and insurers who issue Forms 1095-B must file Form 1094-B. This generally includes self-insured employers and health insurance providers reporting minimum essential coverage.
Small employers without self-insured plans typically do not need to file. To confirm your filing obligations, call +1-866-513-4656 and get step-by-step guidance.
Steps to Complete the Form
Completing Form 1094-B involves a few clear steps:
- Gather all Forms 1095-B issued for the reporting year.
- Complete Form 1094-B with totals, coverage type, and filer information.
- Submit the form to the IRS by the required deadline.
- Keep copies for your records to support compliance.
Following these steps reduces the risk of errors and ensures a smooth submission process.
Key Sections of Form 1094-B
- Filer information: name, address, EIN, and contact number
- Total number of Forms 1095-B attached
- Total number of covered individuals reported
- Type of coverage: self-insured or fully insured
- Certification of accuracy
Ensuring each section is complete and accurate prevents IRS penalties and employee confusion. For verification of your forms, call +1-866-513-4656.
Deadlines and Filing Tips
Paper forms must reach the IRS by February 28 of the year following the reporting year. Electronic filing is required for more than 250 forms and must be submitted by March 31. Filing early allows time for corrections.
Importance of Accuracy
Accurate filing of Form 1094-B is essential. Incorrect reporting can trigger IRS notices, penalties, and delays in employee coverage verification. Proper reporting demonstrates compliance and reliable administrative practices.
Trusted IRS Sources
- About Form 1094-B – IRS Overview
- Instructions for Forms 1094-B and 1095-B – IRS
- IRS Q&A on Employer Reporting
Frequently Asked Questions
1. Who must file Form 1094-B?
Employers and insurers issuing Forms 1095-B must file.
2. Do all employers need to submit it?
No. Only those issuing Forms 1095-B, typically self-insured employers and insurance providers.
3. What happens if the form is late?
Late submissions can result in penalties. Filing early is recommended. Assistance is available at +1-866-513-4656.
4. Can the form be submitted electronically?
Yes. Electronic submission is required if filing more than 250 forms, due by March 31.
