Thursday, February 20, 2020

Reminder: 1095-C Tax Form

FOR STAFF WHO WERE ELIGIBLE FOR THE WBSD HEALTH PLAN IN 2019
This is a reminder of information shared in last week's all-staff email.

Your 2019 1095-C tax form is now available for viewing/printing through Skyward Finance. Please click here follow the attached instructions to access your 1095-C.

WHAT IS FORM 1095-C?
The Affordable Care Act, or Obamacare, requires employers to offer health insurance coverage to full-time employees and their dependents. Employers must send an annual statement to all employees eligible for coverage describing the insurance available to them. The Internal Revenue Service (IRS) created Form 1095-C to serve as that statement. Think of the form as your “proof of insurance” for the IRS.

WHAT SHOULD I DO WITH THIS FORM?
Keep your 1095-C for your records with your other important tax documents. YOU DO NOT NEED TO ATTACH YOUR 1095-C TO YOUR TAX RETURN OR SEND IT TO THE IRS.  You may use information from your 1095-C as a reference to help complete your tax return if you have not already done so.

PLEASE NOTE: If you do not have access to a printer or need additional assistance accessing your 1095-C, please contact Human Resources at 262-306-4800.