ACA Forms › IRS Form 1094-B: Transmittal of Health Coverage Information Returns
Form 1094-B functions as the summary document for Form 1095-B during the yearly IRS filing process.
In tandem, Forms 1094-B and 1095-B are used to detail the specifics of healthcare coverage offered by healthcare institutions to individuals and validate if an individual and their dependents received a minimum level of qualifying health insurance coverage from the provider during the calendar year.
Form 1095-B is an information return filed by health insurance providers or employers offering self-funded coverage with fewer than 50 full-time + full-time equivalent employees.
For more info on Tax Year 2024 Form 1095-B, click here.
Here are the critical dates for filing and distributing Form 1095-B deadlines.
Paper File Deadline
Employee Copy Deadline
E-File Deadline
The following information is required to complete Form 1094-B:
Takes Only 30 Seconds
Generally, ACA filing is handled by self-filing or by using an ACA Software provider:
Learn more about filing ACA Forms online.
If you can't file ACA Form 1095-B or 1095-C on time, you can request an automatic, 30-day extension by filing Form 8809
OR by requesting a time extension directly from BoomTax.
Learn to request an ACA Form extension or check out our extensive deadlines.
The IRS determines ACA penalties based on various factors, including missing the deadline, providing incorrect information, or using paper forms when electronic filing is required.
The IRS has increased the penalty amounts for the 2024 filing year.
$310 per form
up to$1,261,000 per year (smaller businesses)
$3,783,000 per year
$310 per form
up to$1,261,000 per year (smaller businesses)
$3,783,000 per year
$630 per form
no maximum penalty
BoomTax will streamline your ACA filing process in 3 simple steps!
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.
Once your data is loaded, you can e-file and distribute employee copies in minutes.
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
Import many companies in one spreadsheet to simplify data input.
We validate your data against hundreds of IRS rules.
No IRS registration or testing required.
Make as many changes as needed for free.
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.
