JD Edwards EnterpriseOne US ACA Year-End Processing Overview

This guide describes how to perform year-end tasks for producing ACA Health Coverage Information Returns, including:

• data preparation and setup

• generating and working with reporting information

• printing forms and reports

• electronically filing with the IRS

Oracle JD Edwards enables users to refer to information in the existing Payroll and Human Resources tables to create the data required for ACA reporting.

The Affordable Care Act Health Coverage Information Returns (AIR) presents a unique set of reporting requirements to employers. All Applicable Large Employer Members (ALE Members) should file Forms 1094-C and1095-C.

Employers with 50 or more full-time employees (including full-time equivalent employees) in the previous year, should use Forms 1094-C and 1095-C to report the information required under sections 6055 and 6056 about offers of health coverage and enrollment in health coverage for their employees.

You can use Form 1095-C to:

• File tax returns by full-time employees.

• Report information about the health insurance coverage offered and any safe harbors or other relief available to the employer, or report that no offer of coverage was made.

• Report enrollment information from employers who offer self-insured plans, and information about employees and individuals who enrolled in minimum essential coverage.

• Help the IRS determine if your organization potentially owes an employer shared responsibility payment to the IRS.

• Help the IRS determine whether your full-time employees and their dependents are eligible for the premium tax credit.

You can use Form 1094-C to:

• File with the IRS as a transmittal document for Forms1095-C, Employer Provided Health Insurance Offer and Coverage.

• Provide a summary to the IRS of aggregate employer-level data.

• Help the IRS determine whether an employer is subject to an employer shared responsibility payment and the proposed payment amount.