IRS Extends 1095-C Deadline and Good Faith Relief

November, 2016


By Curtis Farmer, Director, Group Benefit Programs
Cascade Employers Association
[email protected]

On Friday morning, the IRS extended the deadline for those employers subject to ACA reporting requirements to supply their employees with the mandatory 1095-C forms from the original date of January 31, 2017 to March 2, 2017.

It is important to note that the filing deadline has not changed. Employers still must file by February 28 if filing by paper forms and by March 31 if filing electronically. Employers may also file a 30 day extension on or before the due date of the filing if needed, by completing a Form 8809.

The IRS also granted an extension on last year’s “good faith” transition relief as it pertains to the accuracy of data on the ACA forms. More specifically, if a filing organization can show that they made a good faith effort to comply with the reporting requirements by the deadline, they would not be subject to penalties for an incomplete or incorrect filing. Examples of the kind of information this pertains to would be a missing or inaccurate TIN or missing dates of birth of employees.

If you have any questions, do not hesitate to contact us.

 

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