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28/March 31 due dates for submitting these forms to the IRS when filing by paper or electronically, respectively."ĭanielle Capilla, vice president of compliance, employee benefits, at Alera Group, a network of insurance and financial services firms, advised that "employers should work diligently to complete their reporting forms on time." Many employers may still prefer to distribute the 1095 forms to employees alongside their W-2 tax forms, which must be furnished to employees by Jan.

The proposed regulations, she added, "do not change the Feb. "Such forms will now be due each year on March 2 (or the next business day if March 2 falls on a weekend/holiday), and the relief is immediate-furnishers can rely on the proposed regulations for 2021 reporting (due in 2022)." Thomas, a principal in the Baltimore office of law firm Jackson Lewis. The IRS proposed regulations " make permanent a 30-day automatic extension for furnishing Forms 1095-B and 1095-C to individuals," wrote Kellie M. *Employers that file 250 or more information returns with the IRS must file the returns electronically. (proposed automatic extension to March 2) The ACA requires applicable large employers (ALEs)-employers that during the prior year had 50 or more full-time employees or the equivalent when part-time employees' hours are combined-to submit reporting forms to the IRS and to distribute these forms to employees by the following deadlines:

The article below has been updated to reflect this change.Įmployers should ensure that they and their service providers are prepared to furnish health care reporting forms to employees and file these forms with the IRS in this first quarter of 2022 as required under the Affordable Care Act (ACA), as the IRS will no longer grant penalty relief upon showing good-faith efforts to comply. IRS Extends Deadline for Distributing ACA Forms to Employees. The proposal does not change the due dates for filing these forms with the IRS. The proposal says employers and insurers may take advantage of the extension for 2021 reporting forms before the rule is finalized. The IRS, after initially saying there would be no automatic deadline extension for delivering Affordable Care Act (ACA) 1095 reporting forms to employees at the start of 2022, has now proposed a permanent, automatic 30-day extension, until March 2, for furnishing employee forms. Update: IRS Offers Extension for Delivering Employee Forms