Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
I have signed up for the ACA to get TCC but waiting on letter with signon and password. but then the reporting is in xml. What is the most common method used to complete this submission.
Hi there, calconst.
Let me provide insights on how the 1095 works in QuickBooks Desktop. I'll also provide instructions to ensure you can complete and file this tax form efficiently.
To begin, you'll need to accomplish the following once you are an Applicable Large Employer.
Then, you have to account for service-hours for your entire workforce, including full-time and part-time employees to verify your ALE status. In most cases, you’re considered an ALE once you have 50 full-time employees. You’ll do this each year and will apply to the next year.
After that, you need to get a report that shows the total service hours for each employee by month.
Here's how:
Once completed, see the IRS guidelines for Forms 1094-C and 1095-C for information on deadlines and completing the forms. Please know that we do not file them for you due to the HR and benefits information required to complete these forms. Then, refer to this article to see further information to finish the process: Understand reporting requirements for the Affordable Care Act
In case you need steps to run a report to quickly view your payroll totals, including employee taxes and contributions, you can read this artilcle: Create a payroll summary report in QuickBooks.
Feel free to let me know if you have any other concerns related to managing 1095. I'll be here to help you further, calconst. Have a wonderful da
We have 60 employees, so I am past that. It would be nice if the company data and employee basic data (address etc) downloaded on to the mxl format and then we could fill in the benefit information.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here