2016 1095-B Draft

1095-B Reporting - Preparing For Year Two

The IRS recently released drafts of Forms 1094-B, 1095-B, 1094-C and 1095-C. The instructions have not yet been released. Although these are only drafts, subject to change, we encourage you to review the proposed changes in order to prepare for 2016 reporting. The changes are as follows:
Form 1095-B | Page 1
The year was updated to "2016" in two places.
The words "or other TIN" was added to Lines 2 and 3 and Columns b and c in Part IV.
"Do not attach to your tax return. Keep for your records." was added below the title of the form.
Line 8 text was changed from "Enter letter identifying Origin of Policy..." to "Enter letter identifying Origin of the Health Coverage...".
Line 9 is now shaded and marked as "Reserved".
1095-B | Page 2 Instructions for Recipient
The year was updated to "2016."
The TIP added the following language: "If you or another family member received employer-sponsored coverage, that coverage may be reported on a Form 1095-C (Part III) rather than a Form 1095-B.
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Line 9 is now marked as Reserved.
Part II instructions were rewritten. One key statement is the following, "This part may also be left blank, even if you had employer-sponsored health coverage."
1095-B | Page 3 Continuation Sheet
The year was updated to "2016."
The words "or other TIN" was added in the Responsible Individual SSN field, the Responsible Individual Date of birth field, and Columns b and c in Part IV.
1094-B
The year was updated to "2016" in two places.
1095-C Changes ►