ACA 2015 Reporting Delayed (Slightly)
December 29, 2015Under the heading of “better late than never,” the IRS has recognized that “some employers, insurers, and other providers of minimum essential [i.e., health] coverage need additional time to adapt and implement systems and procedures to gather, analyze, and report” the information required on Forms 1094-B, 1095-B, 1094-C, and 1095-C for the 2015 calendar year. It has delayed the due dates for providing the required forms to both individuals and the IRS as follows:
- The due date for providing forms to individuals on 1095-B and 1095-C is extended from February 1, 2016 to March 31, 2016.
- The due date for filing with the IRS is extended from:
- February 29, 2016 to May 31, 2016 if not filing electronically (for employers who filed fewer than 250 W-2s in the prior year), and
- March 31, 2016 to June 30, 2016 if filing electronically.