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    IRS extends employer deadline for ACA forms

    Authored by Bukaty Companies on November 30, 2016

    The IRS recently issued Notice 2016-70 granting employers and other coverage providers an additional month to deliver IRS Form 1095-B and Form 1095-C to employees and other covered individuals. Forms for the 2016 calendar year now are due March 2, 2017, rather than January 31. 

    The deadline for filing Forms 1094 and 1095 with the IRS has not changed.

    The new guidance states that employees can file their personal tax returns without submitting a copy of the relevant Form 1095. Taxpayers are advised to keep a copy of the forms with other tax-related documents.

     2016 Forms  Previous Deadline  New Deadline
     Forms 1095-B & 1095-C provided to  employees and covered individuals  January 31, 2017  March 2, 2017
     Forms 1094 & 1095 (B & C series)  February 28, 2017 (paper file with IRS)
     March 31, 2017 (e-file with IRS)
     No Change

     

    For more information, contact your Bukaty benefits consultant at 913.345.0440.

     

     

    Blog Category: Health Care Reform