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.