Page 14 - ACA Guideline Overview

A Word Regarding the Treatment of Owners:

Sole proprietors, partners, 2% or greater S‐corporation shareholders, and corporate directors with
respect to their director duties are not common law employees. Therefore, none of those individuals (or
those who are deemed to be related parties under ownership attribution rules like spouses) should be
counted in determining ALE status. Also, none of the aforementioned coding requirements would be
required to receive a Form 1095‐C. In other words, these folks don’t need a 1095‐C, take a breath and
relax.

However, any owner in a regular C‐Corporation would be treated exactly the same under the ACA as any
other employee.

Conclusion
Well that’s it! Nothing more complicated than that. You may still have questions or special
circumstances we haven’t discussed herein, but I hope you found this article a great start down the road
of wading through the ACA with practical guidelines for coding.

Now, go forth and prosper.