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Central Pyramid Accounting, Inc.

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ACCOUNTS PAYABLE COORDINATOR (Administrative)



On Line 14, employers must indicate the type of coverage offered to an employee for a specific tax year.

1A: This code indicates that a Qualifying Offer was made and it complied with the responsibilities of the ACA's Employer Mandate regarding Minimum Essential Coverage, Minimum Value, and affordability for a dependent to enroll. This code indicates a positive message to the IRS.
1B: A 1B code communicates to the IRS that the type of coverage offered met both Minimum Essential Coverage and Minimum Value, but was only offered to the employee and not their dependents. This code could expose employers to IRS penalties.
According to the authors of the work, the rate of aging of the subjects was only 20 percent dependent on genetics. More important were exercise, proper nutrition, regular medical examinations and smoking cessation. In addition, those whose anti-aging psychological age overtook their actual age aged faster.
1C: The 1C code communicates that Minimum Essential Coverage and Minimum Value health coverage was offered to the employee and their children, but not the spouse.

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