Wednesday, August 3, 2016

ExpressIRSForms Features: Express Import

Unless you were born a middle-aged accountant, complete with bowtie, taxes might not be your favorite thing in the world. The numbers, regulations, and deadlines can be overwhelming. But taxes, like regular hygiene, need to get done.

Don’t stress out: your taxes will get done with the help of ExpressIRSForms. With our step by step instructions, you’ll have your IRS tax forms correctly filled out and submitted in a matter of minutes.

Get started with our quick import feature for ACA Forms 1095-C and 1095-B.
First, determine whether you need form 1095-C or 1095-B.

Form 1095-C is given out from large employers to employees if the company has 50 or more employees. The form is given to full-time employees who work more than 30 hours a week and are enrolled in the company’s insurance policy.
Form 1095-B is given to employees that work full time at smaller companies with less than 50 employees. You will also get a 1095-B form if you have your own insurance directly from an insurance company, not through your work.

Once you have determined which form you need, download our template for it. The templates are clearly organized Excel files that map out what information you need to enter about you and your employees and where.

Verify that you have your employee’s social security numbers and last names correct and begin entering in their information.

Enter information about your employees including their personal details, the offer of coverage, and covered individuals. Don’t change the format or headers. Also, make sure there are no blank rows between the rows of your employee’s information.

We make it almost impossible to enter information incorrectly because we have examples of how everything should be entered on our site. For example, a phone number can be listed as xxx-xxx-xxxx or xxxxxxx.

If the employee is covered for all 12 months of the year, enter their coverage code with each corresponding month, otherwise only enter the code with their applicable months. You can also enter information about your employees if they’re self-covered.

If you’re an insurer with Form 1095-B, you’ll enter details about the business offering coverage to employees and fill out the corresponding information about insurers or employers.

Once you entered everyone’s information, upload the file. As the file is uploaded, it’s scanned for errors and points out where fields are missed and where information is misspelled or incorrect. Errors, if any, will be listed under ‘view errors’ with a brief explanation of why the error is incorrect. You’ll be able to quickly fix them and upload your file again.

As the file uploads, it will also count the number of employees so you can see how many of your employees were successfully imported and if any were skipped. Don’t worry if a few employees are missing, simply add them to your form and reupload it.

When every employee is listed and there are no errors on your form then it’s time to celebrate, because you can submit your forms directly to the IRS!

Need a little more help?
We are here for you, every step of the way with our amazing support team. We will answer your calls Monday through Friday from 9 a.m. to 6 p.m. EST and provide 24/7 email support. You can also chat with us online in English and Spanish! We will answer any and every question that you have to make filing your taxes a quick and easy process.

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