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Department of the Treasury
Internal Revenue Service
Instructions for Form 1099-H
(Rev. December 2020)
Health Coverage Tax Credit (HCTC) Advance Payments
Section references are to the Internal Revenue Code Transaction Center), as an administrator of the HCTC, will
unless otherwise noted. file the required returns and furnish statements to the
recipients unless you elect to file and furnish information
Future Developments returns and statements on your own. Contact the HCTC
For the latest information about developments related to Program for this purpose by emailing the HCTC Program
Form 1099-H and its instructions, such as legislation at wi.hctc.stakehldr.en@irs.gov. Unless you notify the
enacted after they were published, go to IRS.gov/ HCTC Program of your intent to file information returns
Form1099H. and furnish statements, you will be considered to have
elected to have the HCTC Program file Form 1099-H and
Reminders furnish statements to recipients in satisfying section
General instructions. In addition to these specific 6050T filing and furnishing requirements.
instructions, you should also use the current General
How To File
Instructions for Certain Information Returns. Those
general instructions include information about the For filing with the IRS, see part E in the current General
following topics. Instructions for Certain Information Returns and Pub.
• Backup withholding. 1220.
• Electronic reporting.
Statements to Recipients
• Penalties.
• Who must file. If you are required to file Form 1099-H, a statement must
• When and where to file. be furnished to the recipient. The HCTC Program will
• Taxpayer identification numbers (TINs). furnish a copy of Form 1099-H or an acceptable substitute
• Statements to recipients. statement to each recipient on your behalf, unless you
• Corrected and void returns. elect to file Form 1099-H and furnish the copy or
• Other general topics. substitute statement yourself. If you make this election,
you may fill out the form, found online at IRS.gov/
You can get the general instructions from General
Form1099H, and send Copy B to the recipient. See part J
Instructions for Certain Information Returns at IRS.gov/
in the current General Instructions for Certain Information
1099GeneralInstructions or go to IRS.gov/Form1099H.
Returns.
Continuous-use form and instructions. Form 1099-H
Truncating recipient‘s TIN on recipient statements.
and these instructions have been converted from an
Pursuant to Treasury Regulations section 301.6109-4, all
annual revision to continuous use. Both the form and
filers of this form may truncate a recipient’s TIN (social
instructions will be updated as needed. For the most
security number (SSN), individual taxpayer identification
recent version, go to IRS.gov/Form1099H.
number (ITIN), or adoption taxpayer identification number
(ATIN)) on recipient statements. Truncation is not allowed
Specific Instructions on any documents the filer files with the IRS. A filer’s TIN
File Form 1099-H if you received any advance payments may not be truncated on any form. See part J in the
during the calendar year of qualified health insurance current General Instructions for Certain Information
payments for the benefit of recipients of eligible trade Returns.
adjustment assistance (TAA), Alternative TAA (ATAA), Expired ITINs may continue to be used for
Reemployment TAA (RTAA); or Pension Benefit Guaranty ! information return purposes regardless of whether
Corporation (PBGC) payees, and their qualifying family CAUTION they have expired for individual income tax return
members. These individuals are referred to in these filing purposes. See part J in the current General
instructions as recipients. Instructions for Certain Information Returns.
Who Must File Waiver of penalties. Section 6724(a) authorizes the IRS
Section 6050T requires providers of qualified health to waive any penalties under sections 6721 and 6722 for
insurance coverage (defined in section 35(e)) that receive failure to comply with the reporting requirements of
advance payments of the HCTC from the Department of section 6050T if such failures resulted from reasonable
the Treasury on behalf of eligible recipients (pursuant to cause and not willful neglect. The HCTC Program will
section 7527) to file Forms 1099-H to report those furnish a copy of Form 1099-H or an acceptable substitute
advance payments and to furnish a statement reporting statement to each recipient on your behalf, unless you
that information to the recipient. elect to file Form 1099-H and furnish the copy or
substitute statement yourself. The IRS will not assert the
However, Notice 2004-47, 2004-29 I.R.B. 48, available penalties imposed by sections 6721 and 6722 for
at IRS.gov/irb/2004-29_IRB#NOT-2004-47, provides that information returns and statements required to be filed
the IRS HCTC Program (formerly the IRS HCTC
Nov 19, 2020 Cat. No. 35080G
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