Compliance Check: IRS Extends ACA Reporting Deadline

Written by benefitexpress | December 28, 2017

As a benefits pro, you're an invaluable resource for your employees and clients. But what do you do when even you don't have the answers? Call in the compliance expert at benefitexpress, Larry Grudzien, for a Compliance Check.

In Notice 2018-06, the IRS extends the 2018 deadline from January 31 to March 2 for employers and insurers to furnish individual statements on 2017 health coverage and full-time employee status (Forms 1095-B and 1095-C). The notice also extends 2016 good-faith penalty relief to 2017 for incorrect or incomplete reports due in 2018.

In the Notice, the IRS did not extend the due date for filing the 1095 forms with the IRS  February 28, 2018 (if filing by paper) or April 2, 2018 (if filing electronically).

Please remember that filers can still take advantage of an automatic 30-day extension of the IRS filing deadline by submitting Form 8809 before the relevant due date. 

Lastly, the IRS extends the good-faith relief in Notice 2016-70 that applied to filings in 2015 to 2016, and now to 2017. This relief applies to missing and inaccurate taxpayer identification numbers and dates of birth, as well as other information required on the return or statement. 

To show good faith efforts to qualify for this relief, filers must meet applicable deadlines. However, the IRS recognizes that late filers may still be able avoid penalties by showing reasonable cause for missing the due dates.

For a copy of the notice, please click here.


Lawrence (Larry) Grudzien, JD, LLM is an attorney practicing exclusively in the field of employee benefits. He has experience in dealing with qualified plans, health and welfare, fringe benefits, and executive compensation areas. He has more than 35 years' experience in employee benefit law. He can be found on his website, or email him at larry@larrygrudzien.com.

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Topics: HIPAA