2017 ACA Reporting: Furnishing Deadline Delayed

The Internal Revenue Service (IRS) released Notice 2018-06 on December 22, 2017. The purpose of this notice was to announce the delay for furnishing forms under Sections 6055 and 6056 for 2017. The deadline has been extended from January 31, 2018 to March 2, 2018. The IRS also extended transition relief from 2017 information reporting penalties under Sections 6055 and 6056.

These changes do not impact the due date for filing 2017 returns with the IRS.

Although the delay has been issued, employers are encouraged to provide 2017 statements to their employees as soon as they can.

Important Employer Deadlines:

• March 2, 2018 – forms 1095-B and 1095-C must be provided to employees by this date.
• February 28, 2018 – last day for 2017 paper filing with the IRS.
• April 2, 2018 – last day for 2017 electronic filing with the IRS.

Download our ACA Compliance Bulletin for more detailed information and continue to follow our blog for the latest updates.