Call Us 412.395.4000 ☰ ˟
Logo
Call Us 412.395.4000
  • HOME
  • RESOURCES
    • TJS24
    • Referral Form
    • Event Calendar
    • Insurance Glossary
  • BLOG
  • ABOUT US
    • About Us
    • Location Map
    • Employee Directory
    • Testimonials
    • Privacy Policy
  • CONTACT US
    • Contact Us
    • Join Our Newsletter
Home > Blog > 2018 ACA Reporting Extension
THURSDAY, DECEMBER 28, 2017

2018 ACA Reporting Extension

https://www.irs.gov/newsroom/irs-extends-due-date-for-employers-and-providers-to-issue-health-coverage-forms-to-individuals-in-2018

The IRS has made a big announcement regarding ACA filing! Please read below for the press release directly from the IRS website. 

IR-2017-209, Dec. 22, 2017

WASHINGTON ― The IRS announced today that it has extended the 2018 due date for certain entities to provide 2017 health coverage information forms to individuals.
 
Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2, 2018, to provide Forms 1095-B or 1095-C to individuals, which is a 30-day extension from the original due date of Jan. 31.
 
Insurers, self-insuring employers, other coverage providers, and applicable large employers must furnish statements to employees or covered individuals regarding the health care coverage offered to them. Individuals may use this information to determine whether, for each month of the calendar year, they may claim the premium tax credit on their individual income tax returns.

This 30-day extension is automatic. Employers and providers don’t have to request it. The due dates for filing 2017 information returns with the IRS are not extended. For 2018, the due dates to file information returns with the IRS are:

  • Feb. 28 for paper filers
  • April 2 for electronic filers

Because of these extensions, individuals may not receive their Forms 1095-B or 1095-C by the time they are ready to file their 2017 individual income tax return. While information on these forms may assist in preparing a return, the forms are not required to file. Taxpayers can prepare and file their returns using other information about their health coverage. They do not have to wait for Forms 1095-B or 1095-C to file.

More information is contained in Notice 2018-06. Also visit www.irs.gov/aca for more.

 

Posted 12:59 PM

Tags: aca, aca extension, aca filing, reporting deadlines, irs
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017

  • employee benefits(23)
  • pittsburgh insurance(20)
  • webinar(11)
  • compliance(10)
  • benefits(9)
  • tjs insurance(8)
  • insurance(8)
  • shrm(8)
  • irs(7)
  • tjs insurance group(7)
  • aca(7)
  • hra(5)
  • health insurance(5)
  • healthcare(4)
  • hrci(4)
  • regulations(3)
  • hsa(3)
  • recipes(3)
  • sphro(2)
  • business(2)
  • insurance compliance(2)
  • department of labor(2)
  • health plan(2)
  • medicare(2)
  • participants(2)
  • compliance tips(2)
  • pittsburgh broker(2)
  • labor and law program(2)
  • employment law(2)
  • open enrollment(2)
  • employment(2)
  • conference(2)
  • fsa(2)
  • hdhp(2)
  • coverage(2)
  • affordability(2)
  • hipaa(2)
  • healthy living(2)
  • employees(2)
  • health savings account(2)
  • health plans(2)
  • contribution(2)
  • hrci certification(2)
  • cafeteria plans(2)
  • enhanced hsa(1)
  • reduce workers compensation(1)
  • employer mandate(1)
  • nfip(1)
  • hrci certified(1)
  • welfare benefit plans(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Customer Service| Blog| About Us| Contact
1301 Grandview Avenue, Ste 400 | Pittsburgh, PA 15211
P: 412.395.4000 | F: 412-381-9368 | E: info@tjsins.com
Facebook Twitter LinkedIn Google Maps
Logo

Powered by Insurance Website Builder