Effective immediately, the enhanced ACA Summary for 2018 is now available.
In our ongoing efforts to provide Selerix ACA Clients & Service Providers updates on tools used as part of the ACA Service component we would like to take this opportunity to highlight a few enhancements.
ACA Summary for 2018 – What you need to know
- Report Name Change: ACA Summary 2018 Tax Year
- The 2018 ACA Summary is not retro compatible; the 2018 ACA Summary will pull data for 2018 only – not any prior reporting period.
- The functionality to produce a prior year ACA Summary report still exists for data pertaining to those reporting years
ACA Summary for 2018 – Enhancements
- Report parameters and information now included within report
- Affordability Method: No longer set with default of “Poverty Line”. Warning added if no method is selected
- 1094/1095B tabs no longer included within the generated report. Special Situations: “include 1094B and 1095B data” parameter is an optional feature used to now include the 1094/1095B tabs.
- Task description will now automatically include the EIN selected under General Parameters when report is distributed
- New Warnings now identify: (1) Missing Values under Line 15, if required (2) Blanks under Line 16 if codes are present under Line 14 in corresponding month(s) or All 12
We encourage a review of the enhanced 2018 ACA Summary report at your earliest convenience. In addition, we have created an on-demand video outlining the reports enhanced report parameters.
You can access the on-demand video by clicking the image below:
2018 ACA Summary – Critical Updates
If you have any questions, please contact our dedicated ACA Support Team.