Instructions For Form 1099-H - 2013
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Department of the Treasury
Internal Revenue Service
Instructions for Form 1099-H
Health Coverage Tax Credit (HCTC) Advance Payments
Section references are to the Internal Revenue Code unless
Transaction Center, as an administrator of the Health Coverage
otherwise noted.
Tax Credit (HCTC), will file the required returns and furnish
statements to the recipients unless you elect to file and furnish
Future Developments
information returns and statements on your own. Contact the
HCTC Transaction Center for this purpose by calling
For the latest information about developments related to Form
1-866-628-4282. Unless you notify the HCTC Transaction
1099–H and its instructions, such as legislation enacted after
Center of your intent to file information returns and furnish
they were published, go to
statements, you will be considered to have elected to have the
What's New
Transaction Center file Form 1099-H and furnish statements to
recipients in satisfying section 6050T filing requirements.
Pilot program for truncating an individual’s identifying
number on paper payee statements has ended. Filers of
Statements to Recipients
Form 1099-H must show the recipient’s complete identifying
If you are required to file Form 1099-H, a statement must be
number on all copies of the form.
furnished to the recipient. The Transaction Center will furnish a
Reminders
copy of Form 1099-H or an acceptable substitute statement to
each recipient on your behalf, unless you elect to file Form
General instructions. In addition to these specific instructions,
1099-H and furnish the copy or substitute statement yourself.
you should also use the 2013 General Instructions for Certain
Also, see part M in the 2013 General Instructions for Certain
Information Returns. Those general instructions include
Information Returns.
information about the following topics.
Penalties
Backup withholding.
Electronic reporting requirements.
Waiver of penalties. Section 6724(a) authorizes the IRS to
Penalties.
waive any penalties under sections 6721 and 6722 for failure to
Who must file (nominee/middleman).
comply with the reporting requirements of section 6050T if such
When and where to file.
failures resulted from reasonable cause and not willful neglect.
Taxpayer identification numbers.
The Transaction Center will furnish a copy of Form 1099-H or an
Statements to recipients.
acceptable substitute statement to each recipient on your behalf,
Corrected and void returns.
unless you elect to file Form 1099-H and furnish the copy or
Other general topics.
substitute statement yourself. If you do not elect to allow the
HCTC Transaction Center to file and furnish Forms 1099-H, the
You can get the general instructions at
general rules for seeking a penalty waiver under section 6724(a)
form1099h, or by calling 1-800-TAX-FORM (1-800-829-3676).
apply. See Regulations section 301.6724-1.
Copy 1. Form 1099-H includes Copy 1, which is provided to
For more information on penalties, see part O in the 2013
recipients by the IRS Health Coverage Tax Credit (HCTC)
General Instructions for Certain Information Returns.
Transaction Center. Copy B must be provided to recipients by all
other filers.
Box 1—Amount of HCTC Advance Payments
Enter the total amount of advance payments of health insurance
Specific Instructions
premiums received on behalf of the recipient for the period
File Form 1099-H, Health Coverage Tax Credit (HCTC) Advance
January 1, 2013, through December 31, 2013. The amount
Payments, if you received any advance payments during the
received in 2013 cannot exceed 72.5% of the total health
calendar year of qualified health insurance payments for the
insurance premium for the individual.
benefit of eligible trade adjustment assistance (TAA),
Box 2—No. of Months HCTC Payments Received
Reemployment TAA, or Pension Benefit Guaranty Corporation
(PBGC) pension recipients and their qualifying family members.
Enter the number of months payments were received on behalf
of the recipient. This number cannot be more than 12.
Who Must File
Boxes 3 through 14—Amount of Advance
Section 6050T requires that if you are a provider of qualified
health insurance coverage (defined in section 35(e)) and you
Payment(s) Included in Box 1
receive advance payments from the Department of the Treasury
Enter the amount of the advance payment received for each
on behalf of eligible recipients pursuant to section 7527, you
month in the applicable box. You may receive these payments
must file Forms 1099-H to report those advance payments. You
prior to the month for which they are paid. Be sure to enter the
must also furnish a statement reporting that information to the
amounts in the correct box.
eligible recipient.
However, Notice 2004-47, 2004-29 I.R.B. 48, available at
irb/2004-29_IRB/ar11.html, provides that the HCTC
Sep 28, 2012
Cat. No. 35080G
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