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Type:
Analysis
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Status: Closed
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Priority:
Medium
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Resolution: Done
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Affects Version/s: None
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Fix Version/s: None
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Component/s: ACA
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Labels:None
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Module:ACA
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Reported by:Harbinger
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Severity:Simple
Analyze New changes related IRS reports
Key changes in PDF's
IRS Submission changes
CC: Kumar Chhajed
Field | Original Value | New Value |
---|---|---|
Remaining Estimate | 20h [ 72000 ] | |
Original Estimate | 20h [ 72000 ] |
Remaining Estimate | 20h [ 72000 ] | 18h [ 64800 ] |
Time Spent | 2h [ 7200 ] | |
Worklog Id | 76415 [ 76415 ] |
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- Time Spent:
- 3h
-
2017 1095-1094C Instruction PDF go through
FPL amount and safe harbour changes
Discussion and analysis on File delete of previous 1095C runs
Remaining Estimate | 18h [ 64800 ] | 15h [ 54000 ] |
Time Spent | 2h [ 7200 ] | 5h [ 18000 ] |
Worklog Id | 76635 [ 76635 ] |
-
- Time Spent:
- 1h
-
TCC and Software ID analysis for Tax year 2017
Remaining Estimate | 15h [ 54000 ] | 14h [ 50400 ] |
Time Spent | 5h [ 18000 ] | 6h [ 21600 ] |
Worklog Id | 77182 [ 77182 ] |
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- Time Spent:
- 0.5h
-
Verify whether any new changes were released
Remaining Estimate | 14h [ 50400 ] | 13.5h [ 48600 ] |
Time Spent | 6h [ 21600 ] | 6.5h [ 23400 ] |
Worklog Id | 77431 [ 77431 ] |
Description |
Analyze New changes related IRS reports Key changes in PDF's CC: [~kumar.chhajed] |
Analyze New changes related IRS reports Key changes in PDF's IRS Submission changes CC: [~kumar.chhajed] |
-
- Time Spent:
- 1.5h
-
AIR IRS Webinar presentation Go through
Changes analysis
Remaining Estimate | 13.5h [ 48600 ] | 12h [ 43200 ] |
Time Spent | 6.5h [ 23400 ] | 8h [ 28800 ] |
Worklog Id | 79960 [ 79960 ] |
-
- Time Spent:
- 1h
-
AIR IRS Webinar presentation Go through
Changes analysis
Remaining Estimate | 12h [ 43200 ] | 11h [ 39600 ] |
Time Spent | 8h [ 28800 ] | 9h [ 32400 ] |
Worklog Id | 80019 [ 80019 ] |
-
- Time Spent:
- 2h
-
Analysis on changes and R and D on more information about TCC changes
Discussion with Kumar on IRS Submission changes
Remaining Estimate | 11h [ 39600 ] | 10h [ 36000 ] |
Time Spent | 9h [ 32400 ] | 10h [ 36000 ] |
Worklog Id | 80283 [ 80283 ] |
Remaining Estimate | 10h [ 36000 ] | 9h [ 32400 ] |
Time Spent | 10h [ 36000 ] | 11h [ 39600 ] |
Worklog Id | 80283 [ 80283 ] |
Remaining Estimate | 9h [ 32400 ] | 8h [ 28800 ] |
Time Spent | 11h [ 39600 ] | 12h [ 43200 ] |
Worklog Id | 80653 [ 80653 ] |
Remaining Estimate | 8h [ 28800 ] | 6h [ 21600 ] |
Time Spent | 12h [ 43200 ] | 14h [ 50400 ] |
Worklog Id | 80657 [ 80657 ] |
-
- Time Spent:
- 1.5h
-
Business rules changes analysis and discussion
Remaining Estimate | 6h [ 21600 ] | 4.5h [ 16200 ] |
Time Spent | 14h [ 50400 ] | 15.5h [ 55800 ] |
Worklog Id | 81623 [ 81623 ] |
-
- Time Spent:
- 0.5h
-
Internal discussion with Team
Remaining Estimate | 4.5h [ 16200 ] | 4h [ 14400 ] |
Time Spent | 15.5h [ 55800 ] | 16h [ 57600 ] |
Worklog Id | 81932 [ 81932 ] |
Remaining Estimate | 4h [ 14400 ] | 3.5h [ 12600 ] |
Time Spent | 16h [ 57600 ] | 16.5h [ 59400 ] |
Worklog Id | 81933 [ 81933 ] |
Remaining Estimate | 3.5h [ 12600 ] | 3h [ 10800 ] |
Time Spent | 16.5h [ 59400 ] | 17h [ 61200 ] |
Worklog Id | 81936 [ 81936 ] |
Remaining Estimate | 3h [ 10800 ] | 2.5h [ 9000 ] |
Time Spent | 17h [ 61200 ] | 17.5h [ 63000 ] |
Worklog Id | 82090 [ 82090 ] |
-
- Time Spent:
- 1.5h
-
Submission greater than 100MB discussion and Analysis
Remaining Estimate | 2.5h [ 9000 ] | 1h [ 3600 ] |
Time Spent | 17.5h [ 63000 ] | 19h [ 68400 ] |
Worklog Id | 82221 [ 82221 ] |
-
- Time Spent:
- 3h
-
Analysis for IRS Submission file more than 100 MB
Run IRS Submission on Elite
Remaining Estimate | 1h [ 3600 ] | 0h [ 0 ] |
Time Spent | 19h [ 68400 ] | 22h [ 79200 ] |
Worklog Id | 82235 [ 82235 ] |
-
- Time Spent:
- 3h
-
New 2017 PDF's analysis
IRS Submission Software Id R and D
IRS Submission Business rules analysis
Time Spent | 22h [ 79200 ] | 25h [ 90000 ] |
Worklog Id | 83076 [ 83076 ] |
-
- Time Spent:
- 0.5h
-
Software id portal analysis
Time Spent | 25h [ 90000 ] | 25.5h [ 91800 ] |
Worklog Id | 83486 [ 83486 ] |
-
- Time Spent:
- 1h
-
AIR ACA Submission checklist go through and discussion with Revan and Kumar
Time Spent | 25.5h [ 91800 ] | 26.5h [ 95400 ] |
Worklog Id | 83992 [ 83992 ] |
Time Spent | 26.5h [ 95400 ] | 27.5h [ 99000 ] |
Worklog Id | 85858 [ 85858 ] |
-
- Time Spent:
- 2h
-
IRS business rules changes analysis and discussion
Time Spent | 27.5h [ 99000 ] | 29.5h [ 106200 ] |
Worklog Id | 86346 [ 86346 ] |
Time Spent | 29.5h [ 106200 ] | 30.5h [ 109800 ] |
Worklog Id | 86348 [ 86348 ] |
Status | New [ 10508 ] | In Analysis [ 10008 ] |
Resolution | Done [ 10000 ] | |
Status | In Analysis [ 10008 ] | Closed [ 6 ] |
Transition | Time In Source Status | Execution Times |
---|
|
102d 22h 55m | 1 |
|
37s | 1 |
Links referred: http://www.shawhankins.com/resource/2017-federal-poverty-levels-employer-mandate-penalties-announced/
https://www.willistowerswatson.com/en/insights/2017/05/hr-focus-legal-and-compliance-2017-federal-poverty-guidelines
FPL Amount for 2017 :
HHS announced the 2017 federal poverty levels (FPL). The threshold for the 48 contiguous states is $12,060 for a single household and $24,600 for a household of four individuals. The thresholds are different for Alaska ($15,060 and $30,750, respectively) and Hawaii ($13,860 and $28,290, respectively).
Continental U.S. — $12,060 (as compared with $11,880 in 2016)
Alaska — $15,060 (as compared with $14,840 in 2016)
Hawaii — $13,860 (as compared with $13,670 in 2016)
Safe harbor Percentage:
Employers wishing to avoid a penalty under the employer mandate may use the FPL affordability safe harbor, which means the cost of an employee’s required contribution for employer sponsored coverage does not exceed 9.69 percent (for 2017) of the single FPL. This means that the FPL affordability safe harbor threshold in the 48 contiguous states for 2017 would be $97.38 per month
Penalty:
If an employer fails to offer minimum essential coverage to 95 percent or more of its full-time employees, the Penalty A amount for 2017 is $2,260 (up from $2,160 in 2016) times each full-time employee (minus the first 30 employees). If an employer fails to offer affordable coverage meeting minimum value, the Penalty B amount for 2017 is $3,390 (up from $3,240 in 2016) times each full-time employee receiving a premium tax credit.