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Employers now have until March 2 to get 2017 1095-B and 1095-C documents to employees.
Deadlines of filing with the IRS remain unchanged: February 28th if filing in paper / April 2nd if filing electronically.
Under the Affordable Care Act, Applicable Large Employers (generally those with 50 or more full-time employees, including full-time equivalent employees, in the previous year) are required to furnish forms 1095-B and 1095-C statements to employees relating to the health insurance, if any, that the employer offers to its full-time employees if they were a full-time employee for at least one month during the prior year.
In response to feedback from the Department of Treasury, employers and other stakeholders, the Internal Revenue Service (IRS) has provided a 30 day extension on this requirement.
Accordingly, the deadline of providing 2017 1095-B and 1095-C forms
to employees has been
changed from January 31, 2018 to March 2, 2018.
To read the IRS Notice 2018-06 in its entirety -
click here.
It should also be pointed out that as a result of this change in the deadline that companion Treasury regulations allowing for case-by-case extensions will no longer be in effect to allow for extensions beyond the March 2nd date.
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