February and hearts goes together like Cupid and his arrows since Valentine’s Day is the most romantic day of the year, at least for some! Did you now that February is also American Heart Month? So show yourself the love this month and join one of the many Heart Month events scheduled throughout Broward County. These events are designed for you to learn about the risks of heart disease and stroke and, to keep you and your loved ones “heart healthy”.
You have an opportunity to enter a raffle to win a prize at each event, so have a heart and join the fun.
New Tax Form 1095-C for reporting health care coverage
Starting in 2016, under the Affordable Care Act, most employers are required to send a new tax form called the 1095-C to benefit-eligible employees. The 1095-C will contain detailed information about health care coverage offered by the County that you had, or were offered and declined, in 2015.
Due to the difficulty in preparing the form, the IRS recently extended the time-frame for employers to mail out the 1095-C forms until March 31, 2016.
You do not need the 1095-C form to file your taxes, however, you should keep the form with your tax records.
“Due to these extensions, some individual taxpayers may not receive a Form 1095-B or Form 1095-C by the time they are ready to file their 2015 tax return. While the information on these forms may assist in preparing a return, they are not required. Like last year, taxpayers can prepare and file their returns using other information about their health insurance. Individuals do not have to wait for their Form 1095-B or 1095-C in order to file.”
If you do not have health care coverage, and do not qualify for an exemption, you may be subject to a fine when you file for your 2015 tax return. In some cases you can claim a health care coverage exemption for the months without coverage if you or any family members did not have coverage for the entire year. You can use the IRS Health Coverage Exemptions Form 8965 to find out if you qualify. If you or any family members did not have coverage or an exemption, you may have to make an individual shared responsibility payment. Please visit www.irs.gov or www.healthcare.gov to learn more. Please consult your tax advisor if you need further assistance.
Check the WellBeing tab and select the Deferred Compensation link. There is a new appointment scheduler attached for each vendor and location. Select HERE for schedule.