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Monday, July 25, 2016

ACA Form Correction Frequently Asked Questions




















As if the Affordable Care Act forms you’ve just finished filing weren’t stressful enough, now you’ve got to do them all over again because they’ve been rejected. Or accepted with errors? Can they even do that?

They can, and you’re still expected to make sure each form is corrected. Read on to find out more about this and more answers to your ACA correction FAQs:

Which ACA forms can I correct?
When correcting a return, you can correct Forms 1094-C and either Forms 1095-B or 1095-C. Because Form 1094-B doesn’t have any additional information on it that would cause a return to be rejected, it won’t ever need to be corrected.

What information can be corrected on my forms?
  • On Form 1094-C, you can correct the employer details (name, EIN, address, DGE details) and the ALE member information (total number of forms, ALE group details).
  • On Form 1095-B, you can correct the responsible individual or employee details, employer details, issuer details, and covered individual details.
  • On Form 1095-C, you can correct the employee details and coverage information, as well as the covered individual details.

Do I need to re-issue the corrected forms to my recipients?
If you need to make corrections on a Form 1095-B or 1095-C, you are required to furnish a corrected copy to the recipient of the original form. If you’re correcting a Form 1094-C, you’ll only need to send the correct copy to the IRS.

The IRS rejected my forms. What should I do now?
If the IRS rejected your ACA return, you’ll need to identify the error that caused the rejection as soon as possible. If the entire return was rejected, it’s likely an error on the Form 1094-C or among the employer or issuer details on Form 1095-B. Once you’ve identified the error, you’ll have to file a corrected return as soon as possible. You may need to reissue forms to your employees or recipients in addition to the forms you send the IRS.

The IRS accepted my return, but with errors. How do I fix the errors?
To fix the errors in an accepted return, you’ll need to identify the individual errors that caused each rejected form. In this case, the error is usually a TIN mismatch. Make the appropriate corrections and send the new forms to the IRS and your recipient(s), if applicable.

How is ACA form correction done through ExpressACAForms?
Quickly and easily! No, seriously: if your return was rejected, or accepted with errors, the best place to e-file your corrections is ExpressACAForms. All you do once you create your account is upload a document of your corrected information, we’ll put it all together, let you review it, and send it off to the IRS with an error-free guarantee.

If you have any questions about e-filing your corrections through ExpressACAForms, we’re happy to help! Just give us a call at (704) 839-2270 or send us a live chat through our website. We’re available Monday through Friday, 9:00 a.m. to 6:00 p.m. EDT. We also offer 24/7 email assistance through support@ExpressACAForms.com!

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