The IRS has released the 2017 Forms 1094-C, 1095-C and the instructions. Both forms 1094-C and 1095-C remain mostly unchanged from the 2016 versions. However, there are some notable changes.

 

 

The Form 1095-C has no substantive changes from the previous year; however, there is a new paragraph “ Additional information “on page 3 of the form that directs recipients to the IRS webpage for more details regarding the premium tax credit, individual and employer mandates as well as the IRS Healthcare Hotline.

 

 

The Form 1094-C has a minor change on Line 22 Certifications of Eligibility: box “C” is now labelled as “Reserved”, which was previously for the “Section 4980H Transition Relief”.

 

 

The 2017 Instructions revisions removed verbiage referring to the Section 4980H Transition Relief, as this is no longer available.

 

 

The draft forms and instructions are available for viewing at the links below:

2017 Form 1094-C: https://www.irs.gov/pub/irs-pdf/f1094c.pdf

2017 Form 1095-C: https://www.irs.gov/pub/irs-pdf/f1095c.pdf

2017 Instructions for Forms 1094-C and 1095-C: https://www.irs.gov/pub/irs-pdf/i109495c.pdf

 

 

Thank you for choosing Paylocity as your Payroll Tax partner. Should you have any questions please contact your Paylocity Account Manager.

 

 

This information is provided as a courtesy, may change and is not intended as legal or tax guidance. Employers with questions or concerns outside the scope of a Payroll Service Provider are encouraged to seek the advice of a qualified CPA, Tax Attorney or Advisor.