The IRS determined that many employers and insurance carriers were not prepared to meet the filing deadline of January 31st. The IRS decided to extend the deadline to March 2nd. This extension only applies to the 2016 Forms 1095-C and 1095-B to be furnished to individuals,” see Notice 2016-70.
The deadline for filing Forms 1094 and 1095 has not changed. There will be no extension to file the 2016 Form 1094-B (Transmittal of Health Coverage Information Returns) along with copies of Form 1095-B, and Form 1094-C (Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns) along with copies of Form 1095-C. Employers filing these forms by mail will still need to do so by Feb. 28, 2017. Employers filing electronically (as those submitting 250 or more forms are required to do) must do so by March 31.
Questions about the actual forms should be addressed to your benefits broker.
Leave A Comment