ACA Reporting Proposed Rule Made Final
The IRS has permanently extended the deadline for employers to distribute statements to full-time employees that specify whether their employer-sponsored health insurance met ACA requirements.
Published: 12.15.2022
The IRS has permanently extended by 30 days the deadline for employers to distribute individual statements to full-time employees that specify whether their employer-sponsored health insurance met ACA requirements for minimum essential coverage. The new deadline for furnishing Forms 1095-B or 1095-C would be March 2.Employers and insurers may take advantage of the extension for distributing 2021 reporting forms to employees starting with delivering 2021 forms in early 2022. It does not change the due dates for filing these forms with the IRS.
The ACA requires applicable large employers (ALEs)—employers that during the prior year had 50 or more full-time employees or the equivalent when part-time employees' hours are combined—to submit reporting forms to the IRS and to distribute these forms to employees by the following deadlines:
| ACA Requirement | Deadline |
|---|---|
| 1095 forms delivered to employees | Jan. 31, 2022 (automatic extension to March 2) |
| Paper filing with IRS* | Feb. 28, 2022** |
| Electronic filing with IRS | March 31, 2022** |
*Employers that file 250 or more information returns with the IRS must file the returns electronically.
**Filers can obtain a 30-day extension on filing forms with the IRS by submitting Form 8809—Application for Extension of Time to File Information Returns—by the filing due date.
Source: IRS
