Year-EndTaxFormsFrequentlyAskedQuestions

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1. WhatinformationshouldIupdateinWorkdaybeforeDecember31,2016formyW-2and1095-C,ifapplicable?YoushouldupdateyourmailingaddressandpaperlessW-2electioninWorkdaybeforeDecember31,2016.Themailingaddresswillalsobeusedforyourpapercopyofthe1095-C,ifapplicable.

2. HowlongwillmypaperlessW-2electionremainvalid?

YourconsenttoreceiveaW-2electronicallywillremainvalidforallfuturetaxyears,unlessyouelectotherwise.

3. WhathappensifImisplacemyW-2?IfyoumisplacethepapercopyofyourW-2youwillbeabletologintoWorkdayandprintacopy.

4. HowwillIknowwhenmy2016W-2isavailabletoviewandprint?

ItwillbeavailableinWorkdaybyJanuary31,2017.

5. HowdoIchangemymailingaddressinWorkday?Pleaseclickhereforatipsheetonhowtochangeyourcontactinformation,includingmailingaddress,inWorkday.

6. HowdoterminatedemployeesreceivetheirW-2and1095-Cstatements?

TerminatedemployeeswillhavetheirformssenttotheirlastknownmailingaddressonfileinWorkday.

7. WhathappensifImakechangestomypaperlessW-2electionoraddressafterDecember31,2016?IfyoumakechangestoyourprintingelectionoraddressinWorkdayafterDecember31,2016,thePayrollOfficecannotguaranteethatthechangeswilltakeeffectintimeforaccuratedistributionofyour2016W-2or1095-C.

8. Towhichaddresswilltheformsbemailed?

TheformswillmailedtoyourmailingaddressaslistedinWorkday.Ifyoudonothaveamailingaddressonfile,yourW-2and1095-Cwillbesenttoyourpermanenthomeaddress.

9. WhatisaForm1095-C?

TheForm1095-Ccontainsdetailedinformationaboutthehealthcarecoverageprovidedbyyouremployer(s).Ifyouwereenrolledinhealthcarecoveragefromyouremployerorwereeligibleforbenefitsatanypointin2016,youshouldreceivea1095-C.TheinformationyoureportfromtheformwillbeusedtodeterminewhetheryouwillpayapenaltyforfailingtohavehealthcarecoverageasrequiredbythePatientProtectionandAffordableCareAct,alsocalledObamacare.Thinkoftheformasyour“proofofinsurance”fortheIRS.

10. WhoreceivesaForm1095-C?

Employerswith100ormorefull-timeequivalentemployeesarerequiredtosend1095-Cstoanyemployeewhowasbenefits-eligibleorwhowasenrolledintheirhealthinsuranceplanin2016.

11. WhydidIgetmorethanoneForm1095-C?

Ifyouworkedatmorethanonecompanyin2016,youmayreceivea1095-Cfromeachcompany/employer.

12. Whydidn’tIgetaForm1095-C?Ifyouwerenotbenefits-eligibleandwerenotenrolledinhealthcarecoveragethroughyouremployeratanytimeduring2016,youshouldnotreceivea1095-C.Youmayalsonotreceivea1095-Cifyouwerenottheprimaryinsured.

Year-EndTaxFormsFrequentlyAskedQuestions

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13. WillIbefinedifIdidnotreceiveaForm1095-C?Ifyoudon’thavequalifyinghealthinsurance,insomecasesyoucanclaimahealthcarecoverageexemption.YoucanusetheIRSHealthCoverageExemptionsForm8965tofindoutifyouqualify.Pleasevisitirs.govorhealthcare.govtolearnmore.

14. WhatshouldIdowithmyForm1095-C?

Whenyoureceiveyour1095-C,keepitforyourrecords.

15. WhatinformationisontheForm1095-C?Therearethreepartstotheform:• Part1reportsinformationaboutyouandyouremployer.

• Part2reportsinformationaboutthecoverageofferedtoyoubyyouremployer,theaffordabilityofthecoverageoffered,andthereasonwhyyouwereorwerenotofferedcoverage.

• Part3reportsinformationabouttheindividualscoveredunderyourplan,includingdependents.

16. HowwilltheForm1095-Cimpactmytaxes?Ifyoudonothavehealthcarecoverageanddonotqualifyforanexemption,youmaybesubjecttoafinewhenyoufileyour2016taxreturn.

17. DoIneedmyForm1095-CandmyW-2tofilemytaxes?

No.Theinformationontheseformsmayassistinpreparingareturn,butisnotrequired.DonotattachForm1095-Ctoyourtaxreturn–keepitwithyourtaxrecords.

18. Whatisthedifferencebetweena1095-A,1095-B,and1095-C?

Theformsareverysimilar.Themaindifferenceiswhosendstheformtoyou.TheentitythatprovidesyouwithhealthinsurancewillberesponsibleforsendingaForm1095.• Youwillreceivea1095-Aifyouwerecoveredbyafederalorstatemarketplace(alsocalledanexchange).• Youwillreceivea1095-Bifyouwerecoveredbyotherinsurerssuchassmallself-fundedgroupsoremployers

whousetheSmallBusinessHealthOptionsProgram(SHOP).• Youwillreceivea1095-Cifyouwerecoveredbyyouremployer.