The IRS makes small changes to many of their tax forms every year. The changes may just entail a box here or a line there, but all kinds of speculation - and wagering - precede the release of the changes. Here are the forms that have changed.
ACA Compliance Bulletin - IRS Issues Letter 5699 to Noncompliant EmployersKelley M. Bendele
An ALE that fails to comply with the Section 6056 reporting requirements may be subject to penalties equal to $260 per violation for failure to file correct information returns by required deadlines.
• A quick review of important Taxes & Laws updates reported on Taxmann.com
Analysis of New ITR Forms notified for the Assessment Year 2020-21.
Usually, the Income-tax Department notifies the ITR forms in the first week of April of the relevant assessment year. However, this year, due to the exceptional circumstances, the Dept. has notified all ITR forms in last week of May. For the assessment year 2020-21, the Dept. has notified the ITR forms twice. In
the month of January 2020, the Dept. notified two ITR forms (ITR-1 and ITR-4). Now, in the month of May 2020, all ITR Forms (ITR-1 to ITR-7) have been notified which eventually replace the two previously notified forms. When the ITR Forms (ITR 1 and ITR 4) were notified in January 2020, Rule 12 was amended to provide that ITR-1 cannot be used by a person falling under two categories, namely, First, who owns a house property in joint-ownership and second, who has entered into specified transactions mentioned in the seventh proviso to section 139(1), that is, payment of electricity bill in excess of Rs. 1 lakh, a deposit of more than Rs. 1 crore in one or more current accounts, etc. However, a person falling under the second category is allowed to furnish a return in ITR-4.
We all know that with invent of a lot of amendments and introduction of new acts, the ITR forms for the current year (AY 18-19) also went through a considerable amount of changes.
Here is a compilation of all those Major Changes along in the ITR Forms for AY 2018-19.
This is for the benefit of students/staffs in charge/ any person who is in charge of the duty of filing return.
It contains - Applicability of all ITR forms, and the Main changes that were incorporated, with relevant screenshots wherever possible/required.
Please do like comment and share if you find it useful.
Thanks. More useful & practical oriented contents coming up in the upcoming days. So stay tuned.
Introduction:
Section 11 deals with Income from property held for “Charitable or Religious purposes.”
The income shall be subjected to the provisions of
Section 60 - Transfer of Income where there is no transfer of assets
Section 61 - Revocable Transfer of Assets
Section 62 - Transfer irrevocable for a specified period
To know the need for registration of trust under the Income Tax Act, 1961. To understand the procedure for registration of trust and to analyse Form 10A (Application for registration). To know the procedure for 80G registration by trusts and to analyse Form 10G (Application for grant of Approval under 80G). Further, the webinar shall touch upon caveats to be kept in mind while filing the Forms.
ICA provide vocational training courses under skill development initative on prescribed by DGET, GOVT.OF INDIA. This training is fully equipped to provide the candidates with the opportunity to develop through understandings of the taxation for individuals, companies, partnerships and other structures in India.
Corporate Updates
MCA
MCA to dispense the requirement of separately uploading of Forms 49 A & 49 B (Application for PAN & TAN) -
AoC-4 Non-XBRL and AoC-4 XBRL (Non-Ind AS) forms to be revised and likely to be notified on 7th November 2017 -
RBI
Introduction of Legal Entity Identifier (LEI) for large corporate borrowers - (LEI) code is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. LEI is a 20-digit unique code to identify parties to financial transactions worldwide.
TAXATION
CBDT notifies amendments to Income Tax Rules 1962, issues Income Tax (Twenty-fourth Amendment) Rules, 2017 –
CBDT issues clarification on Cash Sale of agricultural produce by cultivators /agriculturist –
Company Website-
www.acquisory.com
ACA Compliance Bulletin - IRS Issues Letter 5699 to Noncompliant EmployersKelley M. Bendele
An ALE that fails to comply with the Section 6056 reporting requirements may be subject to penalties equal to $260 per violation for failure to file correct information returns by required deadlines.
• A quick review of important Taxes & Laws updates reported on Taxmann.com
Analysis of New ITR Forms notified for the Assessment Year 2020-21.
Usually, the Income-tax Department notifies the ITR forms in the first week of April of the relevant assessment year. However, this year, due to the exceptional circumstances, the Dept. has notified all ITR forms in last week of May. For the assessment year 2020-21, the Dept. has notified the ITR forms twice. In
the month of January 2020, the Dept. notified two ITR forms (ITR-1 and ITR-4). Now, in the month of May 2020, all ITR Forms (ITR-1 to ITR-7) have been notified which eventually replace the two previously notified forms. When the ITR Forms (ITR 1 and ITR 4) were notified in January 2020, Rule 12 was amended to provide that ITR-1 cannot be used by a person falling under two categories, namely, First, who owns a house property in joint-ownership and second, who has entered into specified transactions mentioned in the seventh proviso to section 139(1), that is, payment of electricity bill in excess of Rs. 1 lakh, a deposit of more than Rs. 1 crore in one or more current accounts, etc. However, a person falling under the second category is allowed to furnish a return in ITR-4.
We all know that with invent of a lot of amendments and introduction of new acts, the ITR forms for the current year (AY 18-19) also went through a considerable amount of changes.
Here is a compilation of all those Major Changes along in the ITR Forms for AY 2018-19.
This is for the benefit of students/staffs in charge/ any person who is in charge of the duty of filing return.
It contains - Applicability of all ITR forms, and the Main changes that were incorporated, with relevant screenshots wherever possible/required.
Please do like comment and share if you find it useful.
Thanks. More useful & practical oriented contents coming up in the upcoming days. So stay tuned.
Introduction:
Section 11 deals with Income from property held for “Charitable or Religious purposes.”
The income shall be subjected to the provisions of
Section 60 - Transfer of Income where there is no transfer of assets
Section 61 - Revocable Transfer of Assets
Section 62 - Transfer irrevocable for a specified period
To know the need for registration of trust under the Income Tax Act, 1961. To understand the procedure for registration of trust and to analyse Form 10A (Application for registration). To know the procedure for 80G registration by trusts and to analyse Form 10G (Application for grant of Approval under 80G). Further, the webinar shall touch upon caveats to be kept in mind while filing the Forms.
ICA provide vocational training courses under skill development initative on prescribed by DGET, GOVT.OF INDIA. This training is fully equipped to provide the candidates with the opportunity to develop through understandings of the taxation for individuals, companies, partnerships and other structures in India.
Corporate Updates
MCA
MCA to dispense the requirement of separately uploading of Forms 49 A & 49 B (Application for PAN & TAN) -
AoC-4 Non-XBRL and AoC-4 XBRL (Non-Ind AS) forms to be revised and likely to be notified on 7th November 2017 -
RBI
Introduction of Legal Entity Identifier (LEI) for large corporate borrowers - (LEI) code is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. LEI is a 20-digit unique code to identify parties to financial transactions worldwide.
TAXATION
CBDT notifies amendments to Income Tax Rules 1962, issues Income Tax (Twenty-fourth Amendment) Rules, 2017 –
CBDT issues clarification on Cash Sale of agricultural produce by cultivators /agriculturist –
Company Website-
www.acquisory.com
Off Road Camper Trailers for Sale in VIC AustraliaHarish Patel
Off Road Camper Trailers for sale in Sydney, Melbourne, Adelaide, Brisbane, Cairns and Perth! Contact us for superior soft/hard floor, clearance range camper trailers at a budget price.
ACA Compliance Bulletin - Final Form for ACA ReportingNicholas Toscano
The Internal Revenue Service (IRS) has released final 2016 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056.
- Forms 1094-B and 1095-B are used by entities reporting
under Section 6055, including self-insured plan sponsors
that are not applicable large employers (ALEs). Final
2016 versions of these forms and final instructions
were released on Sept. 26, 2016.
- Forms 1094-C and 1095-C are used by ALEs to report
under Section 6056, as well as for combined Section
6055 and 6056 reporting by ALEs who sponsor selfinsured
plans. Final 2016 versions of these forms and
final instructions were released on Sept. 30, 2016.
Minor changes were made to the forms, including the addition
of two new “Offer of Coverage” codes for use on Form 1095-C.
The instructions also included some clarifications.
IRS Issues Draft Forms and Instructions for 2016 ReportingCBIZ, Inc.
On August 6, 2015, the Internal Revenue Service (IRS) issued draft 2015 Forms and Instructions for the annual reporting that will be required in 2016 by employers subject to the Affordable Care Act’s shared responsibility requirements, as well as by plans providing minimum essential coverage (MEC).
This webinar covers: information that has to be collected | specific codes to use | pitfalls in completing the forms | changes to the final forms and instructions.
In this issue, ESOP Plan Administrator Kelly Irizarry outlines the small, but highly regulated element of tax reporting as part of the overall ESOP recordkeeping process. We also highlight a few of the ongoing community service projects performed by staff from the Philadelphia office.
Staying Up to Date on Required Health Care Reportingbenefitexpress
This presentation reviews:
• When temporary employees become your employees
• The factors the government uses to determine employment status
• The steps you can take to avoid these employees becoming your employees
• Consequences under Health Care Reform if it is determined that they are your employees
2015 Draft Instructions for 6055 and 6056 Reporting Include Filing Extensionsntoscano50
The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to their employees. Reporting is first required in 2016, related to coverage offered or provided in 2015.
Form 990-EZ is filed by the organizations whose gross receipts are less than $200,000 and total assets at the end of the year are less than $500,000. Steps to complete Form 990-EZ are explained in detail .
In general terms, this is one of the most frequent questions we get from prospective clients. So then, How do you file US tax returns while in Canada?
The first question we need to ask is whether you’re actually required to file US tax returns. Generally speaking, US citizens and Green Card holders are required to file US tax returns regardless of where they live. Therefore Americans living in Canada, whether they’ve recently moved to Canada or have been in the country their entire lives are required to file US tax returns in addition to their regular Canadian tax returns.
Are you ready to save time and money to e-file your information returns? We provide you service to file your 1099 MISC Form online. We are the best e-file provider site and within less time submit your accurate 1099 returns to the IRS. File 1099 MISC: https://www.form1099online.com/1099-forms/1099-misc-form/
Code Section 6055 – What Information Must be Reportedntoscano50
The Affordable Care Act (ACA) created new reporting requirements in Internal Revenue Code (Code) Section 6055, which require health insurance issuers, sponsors of self-insured health plans, government agencies that administer government-sponsored health insurance programs and other entities that provide minimum essential coverage (MEC) to file information with the Internal Revenue Service (IRS) about the health plan coverage they offer…
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
1. Tax Form Changes for 2015
In a highly anticipated yearly ritual rivaling both the NFL draft and the bracketing of the NCAA
basketball tournament, the IRS makes small changes to many of their tax forms every year. The
changes may just entail a box here or a line there, but all kinds of speculation - and wagering -
precede the release of the changes.
The suspense is now over, as the IRS has announced changes to the following forms:
3. W-2G
The Payer's name and address block will be expanded from one print row to two print rows for
2015.
4.
5. 1096
Big changes on Line 6 - the check box for Form 1099-H was removed, while a check box for Form
1098-Q was added. Additionally, the spacing for all of the check boxes on line 6 was expanded.
The amounts reported in Box 13 of Form 1099-INT should now be included in box 5 of Form
1096.
6. 1099-DIV
A new check box was added to Form 1099-DIV so that foreign financial institutions with a chapter
4 requirement can report U.S. accounts that they maintain.
7. 1099-INT
Box 13 was added to report bond premium on tax-exempt bonds. All later boxes were
renumbered accordingly. Also, a new check box was added so that foreign financial institutions
with a chapter 4 requirement can report U.S. accounts that they maintain.
8. 1099-MISC
A new check box was added so that foreign financial institutions with a chapter 4 requirement can
report U.S. accounts that they maintain.
9. 1099-OID
As with the 1099-INT and 1099-MISC forms, a new check box was added so that foreign financial
institutions with a chapter 4 requirement can report U.S. accounts that they maintain.
10. Tax Forms with Reporting Changes - No
Reprogramming Required
11. W-2
• Medicaid waiver payments—some Medicaid waiver payments are considered excludable from
income for federal income tax purposes.
• W-2 reports can now be rejected if: Medicare wages and tips are less than the sum of social
security wages and social security tips; Social security tax is greater than zero or Social
Security wages and tips are reported as zero; Medicare tax is greater than zero or Medicare
wages and tips are reported as zero.
• Form 8922 will now be used for third-party sick pay recap reporting.
• Virtual currency such as Bitcoin is now subject to federal income tax withholding.
12. 1042
• For withholding agents that report amounts withheld by another withholding agent (in box 8),
Form 1042-S will now require the reporting of the name and EIN of withholding agent that
withheld the tax. This was optional in 2014. Boxes 14a and 14b are to be used for the
reporting.
• Withholding agents that furnish a substitute Form 1042-S to the recipient must furnish a
separate substitute Form 1042-S for each type of income or payment. Before, withholding
agents could combine all income and payments on a single substitute Form 1042-S.
• U.S. financial institutions are now required to report payments of the same type of income (as
determined by the Income code in box 1) made to multiple financial accounts held by the same
beneficial owner on separate Forms 1042-S for each account.
13. 1098-C
Filers may no longer truncate a donor’s Social Security Number (SSN), individual taxpayer
identification number (ITIN), adoption taxpayer identification number (ATIN), or employer
identification number (EIN)) on any documents filed with the IRS.
1099-B
For a sale of a debt instrument that is a wash sale and has accrued market discount, code “W”
should be entered in box 1f, and the amount of the wash sale loss disallowed should be entered in
box 1g.
1099-K
Completion of box 1b for "Card Not Present" transactions is now mandatory for 2015. It was
optional on the 2014 form.
1099-R
A foreign financial institution with a chapter 4 requirement to report a cash value insurance
contract or annuity contract that is a U.S. account held by a specified U.S. person with the FFI
may satisfy this requirement by electing to report the account on Form 1099-R.
14. 2015 Affordable Care Act (ACA) Forms
The following forms are mandatory filing for Tax Year 2015.
• 1095-B Health Coverage - To be used by insurers to report information on coverage
provided to each enrollee.
• 1094-B Transmittal of Health Coverage Information Returns - Transmittal for 1095-B
forms filed with IRS.
• 1095-C Employer-Provided Health Insurance Offer and Coverage - To be used by
applicable large employers to report information on coverage for each employee.
15. • 1094-C Transmittal of Employer-Provided Health Insurance Offer and Coverage
Information Returns - Transmittal for 1095-C forms filed with IRS.
http://w-2taxforms.com/