On Dec. 28, 2015, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced a limited extension of the early 2016 due dates for the 2015 information reporting requirements for employers and insurers under the Affordable Care Act (ACA).
Specifically, this notice extends by two months the February 1 due date for employers and issuers to provide individuals with 1095 forms reporting on offers of health coverage and coverage provided. The February 29 and March 31 deadlines for reporting this information to the IRS (by paper or electronically, respectively) are extended by three months.
The extended deadline dates for reporting 2015 information is as follows:
- Employers must provide 1095 forms to employees by March 31, 2016.
- Employers filing by paper (249 or less 1095 forms) must file with the IRS by May 31, 2016.
- Employers filing electronically (250 or more 1095 forms) must file with the IRS by June 30, 2016.