WebSection 6056 is for applicable large employers — employers with at least 50 full-time employees. As you are likely aware, applicable large employers are required to offer health coverage that meets quality and affordability standards as part of the "pay or play" provisions of the ACA. WebDec 28, 2015 · Section 6056 was added to help the IRS administer the ACA’s employer shared responsibility penalty by verifying the affordability and MEC of employer-sponsored coverage. It also helps determine if full-time employees and their dependents eligible for a premium credit. Who is required to report?
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What You Need To Know About The ACA’s § 6055 And § 6056 …
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