Deadline to distribute IRS Form 1095 to employees extended to March 2

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On December 22, the IRS extended the deadline for distributing Forms 1095-B and 1095-C to employees and other covered individuals. The IRS also extended good faith standard relief for IRS Forms 1094-1095 B and C. These extentions affect Applicable Large Employers (ALEs), self-insured employers, and employers providing Minimum Essential Coverage (MEC). Deadline Extended for Distributing to Employees Only

The new deadline to distribute IRS Form 1095 to employees / covered individuals is Friday, March 2, 2018. The previous deadline was January 31.

However, this deadline does not apply to the date when forms must be submitted to the IRS. Forms 1094-1095 must be submitted by Wednesday, February 28, 2018 if filing on paper or Monday, April 2, 2018 if filing electronically.

Good Faith Standard Only for Timely Filed Forms

If good cause exists, an employer may apply to the IRS for an automatic 30-day deadline extension for submission of forms to the IRS.

Similar to 2016 transition relief, the IRS will allow the good faith standard for 2017 Forms 1094-C and 1095-C and Forms 1094-B and 1095-B. This means that the IRS will not impose a penalty on employers that provide incomplete or incorrect information on the forms, so long as the employer made a good faith attempt to correctly complete the forms and the forms were distributed and submitted in a timely fashion. However, forms submitted late will not receive the "good faith" transition relief.

Contact Us

If you have questions or need help complying with Affordable Care Act reporting requirements, please contact a Plexus client service team member in Deer Park, Ill. (847.307.6100), Chicago (312.606.4800), Dallas (972.770.5010), or Oklahoma City (405.840.3033). We're here to help, and we're happy to help.