What is an Aggregated ALE Group?
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Last modified 2/26/2024 2:07:03 AM EST |
Added by TaxBandits Team
Applicable To
94X
1099
W-2
ACA
W-4
An Aggregated ALE Group is a group of employers that are treated as a single employer when filing their ACA Forms 1095.
For example, you own three companies, Company A, Company B, and Company C. Company A is the parent of Company B and Company C. If all three companies combined have more than 50 full-time or full-time equivalent employees, then the IRS considers them to be an Aggregated ALE Group.
If you believe you're a member of an Aggregated ALE Group, Create a FREE account in TaxBandits, and file a separate Authoritative Transmittal for each company using its own EIN without any hassle. Here's how,
- Select Yes against your Business Name.
- Add the Names and EIN of other Aggregated ALE group Members to file a separate Authoritative Transmittal in regard to their own full-time and full-time equivalent employees.
This way, you can stay compliant with the IRS without any penalties.