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2022 ACA Reporting Tool is open

11/03/22

Author: ADP Admin/Monday, October 31, 2022/Categories: Bulletin News

Employers with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2021) (“Applicable Large Employers” or “ALEs”) need to file ACA Forms 1094-C and 1095-C with the IRS. 

Since the IRS has ended good faith relief for ACA Reporting for the 2022 calendar year, it is more important than ever that ALE clients review and acknowledge their IRS ACA Forms 1094-C and 1095-C in a timely manner to avoid potential ACA penalties. *

To review and acknowledge your Forms simply:

Step 1: Go to MyTotalSource®.

Step 2: Click on the 2022 ACA Reporting Tool (ART) button.

Step 3:  Follow screens to Acknowledge & Submit for each FEIN in your Control Group.

ADP TotalSource will:

·      Make any necessary updates to your Forms 1095-C and 1094-C based on year-end payroll and benefits data

·      Furnish the 1095-C forms to your employees

·      Transmit the required information directly to the IRS on your behalf

*If you do not want Forms 1095-C and 1094-C to be automatically acknowledged for print and transmission to the IRS, select the “I do not authorize” radio button in ART prior to Jan. 31, 2023, to ensure reporting is not completed.  (You will see a big yellow banner when you log in to MyTotalSource if your company is flagged as an ALE in our system).


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Tags: 11/03/22

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