IRS Extends ACA Information Reporting Due Dates For 2015 Calendar Year

On December 28, the Internal Revenue Service (IRS) released Notice 2016-4, which extends the due dates for the 2015 Affordable Care Act (ACA) information reporting requirements (both furnishing to individuals and filing with the IRS) for insurers, self-insuring employers, and certain other providers of minimum essential coverage under Section 6055 of the Internal Revenue Code of 1986, as amended (Code), and the information reporting requirements for Applicable Large Employers  under Section 6056 of the Code.

The transition relief provided in Notice 2016-4 with regard to the extensions is as follows:

• The due date for furnishing the 2015 Form 1095-B, Health Coverage, and the 2015 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to individuals and employees is extended from February 1, 2016, to March 31, 2016.