IRS Releases ACA Business Rules and Schemas for 2017

July 11, 2017 Adam Rivera

The IRS has released ACA Information Returns (AIR) Schemas, Business Rules and Crosswalks for Tax Year 2017. The business rules, schemas and crosswalks are for Forms 1094-B, 1094-C, 1095-B, and 1095-C. There are a number of changes from last year’s with many of the changes coming in the form of name changes for certain data fields or increases in the amount of characters allowed for a particular field. All software developers and return transmitters should review. 

To view the new ACA Crosswalks, please click here.

The post IRS Releases ACA Business Rules and Schemas for 2017 appeared first on Sovos Compliance.

About the Author

Adam Rivera is a member of the Regulatory Analysis Team's Direct Tax division at Sovos. His main areas of focus are Federal and State Tax Withholding and Affordable Care Act (ACA) Reporting. Prior to Sovos, Adam worked as a legislative aide in the Florida House of Representatives. He also has experience in securities law, focusing on securities litigation and researching emerging crowdfunding methods of raising capital. Adam is a member of both the Massachusetts and Florida Bars. He earned his B.A. from the University of Florida and his J.D. from the University of Miami.

More Content by Adam Rivera
Previous Article
Revised BCRA Maintains Employer Reporting Provisions

No elimination of reporting requirements for 1094/1095 series forms.

Next Article
Senate Delays Vote on Health Care Bill until after July 4th Recess

Senate Majority Leader Mitch McConnell announced Tuesday afternoon that the Senate would not hold a vote th...

×

Regulatory Analysis News - Delivered Weekly

Company
Thank you for subscribing!
Error - something went wrong!