ACA Reporting Relief Announced

The IRS has delayed the deadlines by which employers must furnish 2019 Forms 1095-C and 1095-B in early 2020. As a result:

  • Employers with 50 or more full-time employees (including full-time equivalent employees) generally must furnish a Form 1095-C to all full-time employees no later than March 2, 2020.
  • Self-insured employers with fewer than 50 or more full-time employees (including full-time equivalent employees) generally must furnish a Form 1095-B to all responsible individuals—typically the primary insured, an employee or former employee, or other related person named on the application for insurance—no later than March 2, 2020

The deadline for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2020 (or March 31, 2020, if filing electronically).

The IRS provided additional relief from penalties related to failures to furnish 2019 forms to individuals under Section 6055 only, under certain circumstances. Under this relief, employers will only have to provide Form 1095-B to covered individuals upon request.

The IRS also extended good-faith relief from penalties related to incorrect or incomplete information returns filed for the 2019 calendar year under Sections 6055 and 6056.