For California purposes, federal Forms 1094C and 1095C must be filed by March 31 of the year following the calendar year to which the return relates Federal Form 1095C must be provided to the employee and any individual receiving MEC through an employer by January 31 of the year following the calendar year to which the return relates Penalties for late filing are severe Failure to file information returns will result in an IRS penalty of $260/return with a maximum penalty of $3,218,500 per organizationJack's Other Sandwich Shop is an ALE with 80 employees who should each receive a 17 Form 1095C Paychex files Form 1094C and 1095C with the IRS by the April 2 deadline But the company misses the March 2 employee furnishing deadline and is 30 days late in giving Forms 1095C to its employees Even though the IRS forms were filed on time, the company may be
Compliance Update Forms 1094 C And 1095 C Calcpa Health Trusted Health Plans For Cpas
