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PS-80 XML EDI EXAMPLE FILES PS-80 XML EDI Sample File 999999 2005 PS 80 777 999999 1 200 201 0
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What is form ps-80 - xml?
Form PS-80 - XML is an electronic version of the PS-80 form, which is used to report employee medical and insurance data to the Internal Revenue Service (IRS). It is a structured XML format that allows for easier submission and processing of the form.
Who is required to file form ps-80 - xml?
Employers who provide self-insured health coverage to their employees are required to file form PS-80 - XML. This includes employers who are corporations, partnerships, limited liability companies, and non-profit organizations.
How to fill out form ps-80 - xml?
To fill out form PS-80 - XML, you will need to provide information on the employer, including their name, address, and employer identification number (EIN). Additionally, you will need to report information on each covered employee, such as their name, social security number, and the months they were covered under the health plan.
What is the purpose of form ps-80 - xml?
The purpose of form PS-80 - XML is to report employee medical and insurance data to the IRS. This information is used to enforce the Affordable Care Act's individual mandate and employer shared responsibility provisions, as well as to verify eligibility for premium tax credits.
What information must be reported on form ps-80 - xml?
Form PS-80 - XML requires the reporting of various information, including the employer's name, address, and EIN; the employee's name, social security number, and the months they were covered under the health plan; and details about the health coverage provided, such as the type of plan and the premiums paid.
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