Affordable Care Act (ACA) Reporting: Common FAQs Including Which Employers Must Report

Following our article reminding employers of the ACA reporting deadlines, we thought it may be helpful to provide a list of frequently asked questions (FAQs).

All applicable large employers (ALEs) must complete one Form 1094-C and a Form 1095-C for each employee who was full-time for at least one month during 2023.

Note: ALE status for 2023 is generally determined based on the employer’s average full-time equivalents (FTEs) during the 2022 calendar year.

In the ACA reporting FAQs here, we answer how to determine ALE status and other common questions. Click the previous link to get answers to these commonly asked questions regarding ACA reporting:

• How Does An Employer Determine Ale Status?
• How Is Full-Time Status Measured?
• How Is Affordability Determined?
• How Does An Ale Pick An Affordability Safe Harbor?
• What Is The Difference Between Offer Codes 1a And 1e?
• How Is Reporting Handled For Aggregated Ale Groups?
• How Are Offers Of Cobra Reported?
• What Is Reported For The Plan Start Month On Form 1095-C?
• What Is Required For Collecting Ssns/Tins For Covered Individuals?
• What Are The Most Common Employer Reporting Errors?
• How Are §4980h Offer Of Coverage §6056 Reporting Requirements Enforced?

For more information regarding ACA reporting, contact your IMA representative.

IMA will continue to monitor regulator guidance and offer meaningful, practical, timely information. This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.