IRS Form 1094-B is the transmittal cover sheet filed alongside Form 1095-B to report minimum essential health coverage to the Internal Revenue Service (IRS).
You can use our fillable Form 1094-B to prepare your transmittal in minutes; just open it in our editor, fill it out, and download instantly.
IRS Form 1094-B is the transmittal cover sheet filed alongside Form 1095-B to report minimum essential health coverage to the Internal Revenue Service (IRS).
You can use our fillable Form 1094-B to prepare your transmittal in minutes; just open it in our editor, fill it out, and download instantly.
Form 1094-B, or Transmittal of Health Coverage Information Returns, is the cover sheet submitted with Form 1095-B. It identifies the reporting entity and summarizes the total number of individual returns being filed, and providers of minimum essential coverage use it to transmit those records to the IRS.
Health insurance issuers, self-insured small employers, government agencies, and other minimum essential coverage providers should use Form 1094-B. In other words, anyone required to submit Form 1095-B must also file the accompanying IRS Form 1094-B transmittal. The exception would be Applicable Large Employers with 50+ employees, who use Form 1094-C instead.
The Form 1094-B due date is February 28th for paper filers, or March 31st for electronic filers, both applying to the prior calendar year's coverage. If the paper filing deadline falls on a weekend or legal holiday, the due date moves to the next business day. Extensions are available if you submit Form 8809 before the original deadline.
If you don’t submit Form 1094-B, this triggers IRS penalties under IRC Section 6721. Penalties may amount to up to $340 per return. Intentional disregard carries significantly higher penalties, so filing as soon as possible after a missed deadline reduces your total exposure.
Understanding Form 1094-B filing requirements starts with your return count. Paper filers mail this transmittal form with attached 1095-B returns to the IRS address listed in the current Form 1094-B instructions. Filers submitting 10 or more returns must file electronically, and this happens through the IRS Affordable Care Act Information Returns (AIR) system.
You can get a blank Form 1094-B from the IRS or pdf.net. However, our PDF form filler allows you to access the form online instantly, without downloads, software installs, or anything similar. This way, you can fill out Form 1094-B directly in your browser and download it when finished.
Yes, you can submit Form 1094-B electronically. As a matter of fact, filers submitting 10 or more information returns are required to file electronically through the AIR system. Those filing fewer than 10 returns may submit by mail to the appropriate IRS address listed in the Form 1094-B instructions.
If your Form 1094-B is missing information, you must file a corrected version of your Form 1095-B by checking the "CORRECTED" box on a new form and resubmitting it with accurate data and a new Form 1094-B. Acting quickly after catching an error reduces your risk of Form 1094-B penalties.
Yes, you can fill out your Form 1094-B online. pdf.net lets you complete it directly in your browser. Open the form, enter your transmittal data, review for accuracy, and download a completed PDF in minutes; it works on any device and operating system.
Accessing and completing Form 1094-B on pdf.net is free. However, downloading the form requires a plan upgrade.
Yes, you can correct mistakes on Form 1094-B. To do so, submit a new Form 1095-B with the "CORRECTED" checkbox marked and a new Form 1094-B with updated information filled in. File it the same way as your original submission and retain your records.
The IRS does not issue a processing confirmation for paper-filed Form 1094-B, but electronic filers typically receive an acknowledgment through the AIR system once they submit the form. If corrections are requested, resolution timelines can extend by several weeks.
The Form 1094-B vs. 1094-C difference comes down to employer size and coverage type. Form 1094-B accompanies Form 1095-B, which is used by insurers and small employers. Meanwhile, Form 1094-C goes with Form 1095-C, required of Applicable Large Employers (50+ full-time employees) who report ACA compliance.