Welfare Fund Tax Form 1095-B Will Not Be Sent This Year, Available By Request
Wednesday, January 15, 2020
Several years ago, the Welfare Fund began sending out tax forms to report Active and Early Retiree member and dependent enrollment in the Empire BCBS health plan. This tax form, called the 1095-B, assisted the IRS in enforcing the mandate that everyone have adequate health insurance.
Effective January 1, 2019, Congress reduced the tax penalty to zero, so individuals will not be penalized for not having health insurance. Because there is no longer a penalty, the IRS has indicated that the Welfare Fund must only provide these forms to individuals that request them.
This means that the Welfare Fund will NOT automatically distribute the 1095-B tax forms this year. In complying with recent IRS regulations, members that need (or would like) the 1095-B tax form may request them by calling the Fund Office at 914-737-7220 ext. 120. You may also submit a request by e-mailing Brendan Foley at firstname.lastname@example.org, or sending a written request to Local 21 Welfare Fund, 1024 McKinley St, Peekskill, NY 10566.