AAM Phase 1 Test Introduction: Study with flashcards and multiple choice questions, each question has hints and explanations. Master the test and excel!

Multiple Choice

Who is responsible for sending 1094B and 1094C forms?

ACA reporting uses two transmittal forms sent to the IRS. The 1094-B transmittal goes with Form 1095-B and is filed by the coverage provider—typically the insurance carrier or the entity administering a self-insured plan that provides minimum essential coverage. The 1094-C transmittal goes with Form 1095-C and is filed by the plan sponsor of an applicable large employer (the employer offering coverage). Employees receive 1095-B or 1095-C from the payer or sponsor, but the transmittals themselves are filed with the IRS by the carrier for 1094-B and by the plan sponsor for 1094-C.

ACA reporting uses two transmittal forms sent to the IRS. The 1094-B transmittal goes with Form 1095-B and is filed by the coverage provider—typically the insurance carrier or the entity administering a self-insured plan that provides minimum essential coverage. The 1094-C transmittal goes with Form 1095-C and is filed by the plan sponsor of an applicable large employer (the employer offering coverage). Employees receive 1095-B or 1095-C from the payer or sponsor, but the transmittals themselves are filed with the IRS by the carrier for 1094-B and by the plan sponsor for 1094-C.