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IRS Electronic Filing Requirement Expanded

IRS Electronic Filing Requirement Expanded

1 minute read

The IRS released a final rule which expands the requirement to file certain information electronically. This includes the Affordable Care Act’s (ACA) reporting requirements under Sections 6055 and 6056.


Expanded Mandatory Electronic Filing

The rule implements a law change which lowers the 250-return threshold for mandatory electronic reporting to 10 returns for:

  • ACA Reporting (Forms 1094-B/1095-B and Forms 1094-C/1095-C)
  • Form 5330 (Return of Excise Taxes Related to Employee Benefit Plans)
  • Form 8955-SSA (Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits)

Starting in 2024, only small employers can report to the IRS on paper forms. Employers filing returns in 2023 are still subject to the 250 thresholds for electronic filing.

Employers that have been filing paper returns will need to consider how they will transition over to electronic filing. Download the bulletin for more details.


Click to Download the 2023 IRS Contribution Limits Info Sheet

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

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Ken Zastrow

Ken Zastrow

Ken Zastrow enjoys establishing a strong rapport with his clients. He believes that education is key in helping them understand their benefit plans. Ken has a strong background in both active and post-employment benefit strategies. As Employee Benefits Consultant at National Insurance Services, Ken is responsible for the overall assessment and management of all an employer’s benefit plans including claim reconciliation, policy changes, renewals, and medical and dental analytics. He is also well versed in compliance, benefit integration, and early retiree benefits. Ken is a licensed health and life insurance agent, working with schools, cities, and counties in the Midwest Region.