IRS Extends ACA Employer Reporting Deadlines

JaneHeadShotUnder the ACA, applicable large employers and employers that sponsor self-funded plans are now required to report a vast array of information to the IRS and furnish statements of coverage to their full-time and covered employees.  Many employers have been scrambling to prepare for this new requirement.

On December 28, the IRS issued Notice 2016-4 extending the deadlines of these upcoming requirements as follows:

 Furnishing forms or alternative statements to individuals Original deadline was 2/1/16. Now extended to 3/31/16.

 Reporting information to the IRS (paper) Original deadline was 2/29/16. Now extended to 5/31/16.

 Reporting information to the IRS (electronically via AIR) Original deadline was 3/31/16. Now extended to 6/30/16.

The extensions apply to carriers as well.  Also, ALEs with more than 250 Form 1095-Cs are required to report electronically unless they receive a waiver from the IRS.  Finally, the original time extensions referenced in the applicable IRS instructions will not apply to these new extended dates.  To view IRS Notice 2016-4, please click here.


This is for informational purposes only and is not intended to be used as legal advice.