ACA Tax Reporting Deadlines for 2015 Filings Automatically Extended

The Internal Revenue Service (IRS) announced in Notice 2016-4 (issued December 28, 2015) that it will extend the 2016 deadlines for furnishing and filing Forms 1094 and 1095 for 2015 Affordable Care Act (ACA) tax reporting.

The deadline for providing Forms 1095-B or 1095-C to individuals to report coverage offered and/or provided to them has been extended from February 1, 2016, to March 31, 2016.

The deadlines for filing Forms 1095-B or 1095-C, using transmittal Forms 1094-B or 1094-C, with the IRS has been extended for paper filings from February 29, 2016, to May 31, 2016, and for electronic filings from March 31, 2016, to June 30, 2016.

The extensions apply automatically to all reporting entities; there’s no need to file for an extension. The IRS said it won’t formally grant previously filed requests for extension, as the automatic extensions are more generous. No further extensions will be granted.

Note: Individuals who file their income tax returns with the IRS before they receive a Form 1095-B or 1095-C won’t be required to amend their 2015 tax returns. They should keep the form with their tax records, but they don’t need to send the updated information to the IRS.

If you have questions, speak with your field representative. You also can contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.