Interpretive Letter #1094 Form

Instructions and help about Interpretive Letter #1094

if your business employs fewer than 50 full-time or full-time equivalent employees and the healthcare plan that is offered to employees is self-insured it is likely you will be required to complete the forms 1095-b and 1094b to be in compliance with the affordable care act in this lesson we will walk through the process of preparing these forms and you will learn about the different options you have to submit them to the irs and your employees at the end of the year there are a few steps you should take before printing or submitting your 1095 and 1094 forms first review the year in software update notice and the year-end update at the end of each year sage provides an update that includes changes to the software to accommodate any new reporting requirements for year end next you'll want to make sure you're up to speed on the reporting requirements for the affordable care act this is to ensure you prepare and submit the correct forms and insurance to the irs and your employees one of t