What are the changes in 2025 ACA Reporting?
1.3k views | Last modified 11/12/2024 8:32:17 AM EST | Added by ACAwise Team

Every year, the IRS has been making changes in ACA reporting requirements for ALEs and all self-insured employers. For the 2024 tax year, the IRS released the final version of 2024 IRS Forms 1095-C and 1095- B in the month of October. According to the final version, there are no changes in ACA reporting for the 2024 tax year. Last year, the IRS added two new codes (1T - 1U) in Line 14 to report the method they used to determine the affordability of ICHRA Coverage. 

Code 1T: This code applies to an Individual coverage HRA offered to the employee and his or her spouse (no dependents), with affordability based on the employee's residence ZIP code.

Code 1U: This code applies to an Individual coverage HRA offered to an employee and his or her spouse (no dependents) with affordability based on the employee’s primary employment site ZIP code.

To know more about the New ACA Codes for reporting ICHRA, click here. 

Our ACAwise software has incorporated changes made for the 2025 ACA Reporting. So, if you’re looking for an expert ACA reporting solution provider to get started with your 2025 ACA reporting. You can contact ACAwise at (704)-954-8420 or email us at [email protected]; we will help you generate the ICHRA codes and e-file your ACA Forms with the IRS, State, and distribute the 1095 copies to your employees on time.