IRS 1095 FORM
Form 1095 is a Patient Protection and Affordable Care Act information reporting form, required by the IRS for the tax year 2015 and beyond. All employers are required to provide this form to its employees. The Franklin County Public School District will mail a 1095 form to all employees.
What do I do with the form?
Employees should keep 1095 forms with their other tax documents. The form does not have filed with the income tax return, but does need to be kept as backup documentation.
Do I put any of this information on my 2015 income tax return?
Employees must indicate whether or not they had medical coverage during 2015 on their income tax return.
Does this mean I have to wait until I receive the 1095 form to file a tax return?
No. When completing their returns, employees may rely on information they have already received from their employer or insurer outlining whether they were enrolled in employer-sponsored coverage during 2015.