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New ACA Reporting Tax Form 1095-B - (2/18/2016)
The Internal Revenue Service (the “IRS”) now requires that you report whether you had health coverage to the IRS when you file your taxes. If you had health coverage during 2015 from the Plumbers Local Union No. 1 Welfare Fund (the “Welfare Fund”), the Welfare Fund will send you a Form 1095-B. Form 1095-B will show whether you and your eligible dependents had health coverage and the months in 2015 that you had coverage.
The Welfare Fund is required to send you Form 1095-B by no later March 31, 2016. If you receive Form 1095-B after you file your taxes, you will not be required to amend your tax return. Keep Form 1095-B with your tax records.
If you would like more information about Form 1095-B, the IRS’s website has a Question and Answer page dedicated to this subject. To go to the website, please click the following link: https://www.irs.gov/Affordable-Care-Act/Questions-and-Answers-about-Health-Care-Information-Forms-for-Individuals.
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