Initial ACA Tax Reporting Deadlines Next Week – NRECA Employee Benefits Weekly

Two deadlines for Affordable Care Act (ACA) tax reporting occur next week.

February 28, 2024 is the deadline to file paper returns (Form 1095-B or Form 1095-C) and transmittal forms (Form 1094-B or Form 1094-C) with the Internal Revenue Service (IRS).
March 1, 2024 is the deadline to provide Form 1095-B or Form 1095-C returns to employees and other responsible individuals as applicable.

The final ACA tax filing deadline, which is for filing electronic returns (Form 1095-B or Form 1095-C) and transmittal forms (Form 1094-B or Form 1094-C) with the IRS, is April 1, 2024. Remember, electronic filing is required beginning this year if an employer is filing 10 or more returns in total. Information on how to register and file electronically is available on irs.gov.

The final data reports from NRECA to help with your ACA tax reporting were released on January 17, 2024. If you haven’t done so already, check the Message Center.

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