ACA Final Data Report, Deadlines and Webinar Reminder
The final data report from NRECA to help cooperatives prepare for the Affordable Care Act (ACA) tax reporting requirements for the 2018 tax year were released on Monday, January 14, 2019. The report was provided through the Message Center to all co-ops in the NRECA Medical Plan, and those that sponsor a health reimbursement arrangement administered by Cooperative Benefits Administrators. Report notifications were sent to the co-op’s primary benefits administrator, as indicated in NRECA’s records, for the subgroups he or she administers.
ACA tax reporting deadlines
As a reminder, complete ACA tax reporting for the 2018 tax year by the following deadlines:
- February 28, 2019: Deadline to file tax reporting returns (Form 1095-B or Form 1095-C) and transmittal forms (Form 1094-B or Form 1094-C) with the Internal Revenue Service (IRS) by paper
- March 4, 2019 (extended from January 31): Deadline to provide Form 1095-B or Form 1095-C returns to employees and other covered individuals as applicable
- April 1, 2019 (extended from March 31, which falls on a Sunday): Deadline to file tax reporting returns (Form 1095-B or Form 1095-C) and transmittal forms (Form 1094-B or Form 1094-C) with the IRS electronically. Electronic filing is required if an employer is filing more than 250 returns. Information on how to register and file electronically is available on irs.gov
As noted, the IRS extended the deadline to furnish forms, and no further extensions are expected to be granted. Automatic 30-day extensions may be requested for these deadlines by filing Form 8809 with the IRS before the due date.
Webinar on January 22
Don’t forget to register for the ACA tax reporting webinar from 1:30 to 2:30 pm Eastern time on January 22, 2019. A recording of the webinar will be made available on the Employee Benefits website.
For general questions on ACA tax reporting, speak with your field representative. For questions on the NRECA data report, contact Jim Antetomaso at 703.907.6474 or jim.antetomaso@nreca.coop. You also can contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.
