Save 75% on Vendor Payment Costs – Join our webinar and get 1 month free trial!
Are you Looking for an efficient way to file1099-HC online? IRS-authorized Tax1099 allows you to eFile 1099-HC with security and ease, all online. State Form 1099-HC is used to report proof of health care coverage for Massachusetts residents, ensuring compliance with state health insurance mandates
# of Forms | 1-20 | 21-150 | 151-500 | 501-1000 | 1000+ |
---|---|---|---|---|---|
Pricing Tier / Form | $ 2.90 | $ 2.19 | $ 1.25 | $ 0.65 | Get a Quote |
The form 1099-HCis a health coverage tax form and is filed by Massachusetts’ health insurance issuers. It confirms that an individual had health insurance that is of minimum credible coverage standards of the state.
Employers providing group health insurance in Massachusetts as well as those Individuals themselves must submit 1099-HC form for residents who received qualifying health insurance.
Insurance providers must file Form 1099-HC annually to report coverage for Massachusetts residents, usually for state income tax purposes.
The form must be filed with both the individual and the Massachusetts Department of Revenue by January 31st.
Filing Type | Due Date |
Recipient Copy | Friday - January 31, 2025 |
IRS Paper Filing | Monday - March 31, 2025 |
Electronically-filed 1099-HC Forms are Directly Transmitted to the State from Tax1099.
You will receive State acknowledgement of your eFile by email within 3 - 7 business days.
Failure to file may result in penalties of $50 per form, up to a maximum of $50,000. for the provider, including fines for each form not submitted on time, though specific penalty amounts vary.
# of Forms | 1-20 | 21-150 | 151-500 | 501-1000 | 1000+ |
---|---|---|---|---|---|
Pricing Tier / Form | $ 2.90 | $ 2.19 | $ 1.25 | $ 0.65 | Get a Quote |
Health insurance providers (including employers offering group insurance) in Massachusetts must file Form 1099-HC if they offer health coverage to residents. The form verifies that the insured meets the state's Minimum Creditable Coverage (MCC) standards, which is a requirement to avoid state tax penalties.
Key requirements include:
Let us help you calculate your next eFile
*Read more on Pricing below
The CFSFP Combined Federal State Filing Program allows parts of your federal eFile to be transmitted to the state at no extra charge. Non-participating states must receive a direct file. Learn more about state filing here.