The Internal Revenue Service has released drafts of the forms it will use for Affordable Care Act reporting for 2017, including form 1095-A (used by exchanges); forms 1094-B, and 1095-B, (used by insurers and other entities that offer coverage); forms 1094-C, and 1095-C (used by large employers); and draft instructions for the 1095-A.
The IRS has also released a draft of form 8962, which is used for reconciling advance premium tax credits an individual receives with the actual tax credits to which an individual is entitled at the time of filing, and of form 8965, which is used for claiming exemptions from the individual mandate, as well as instructions for the form 8962. The only change in any of the forms from 2016 identified in the instructions is that form 8962 now has instructions for accounting for qualified small employer reimbursement arrangements, which were created by the 2016 Twenty-First Century Cures Act and which, depending on their generosity, can reduce or eliminate eligibility for premium tax credits.
from Health Affairs BlogHealth Affairs Blog http://ift.tt/2whASwR
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