Kilpatrick

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Extensions in Reporting Due Dates for forms Sent to Individuals

The IRS had extended the due dates for sending the 1095-B and 1095-C forms to individuals. The original deadline of 1/31/2018 has been extended to 3/2/2018. The extension is automatic; employers do not have to request.

Read the IRS notification

Employers and insurers are encouraged to send the forms to individuals as soon as possible, but the deadline date has been extended. If an individual files their taxes before receipt of the 1095-B and 1095-C forms will not be required to amend their return, however they should retain the forms for their tax records.

The IRS has not extended the due date for filing with the IRS. 1094-B, 1094-C 1095-B and 1095-C forms are required to be filed on or before 2/28/2018 for those filing with 250 or fewer forms, or 4/2/2018 if filing electronically.

 

Reference

1095-B: Used to report certain information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and therefore are not liable for the individual shared responsibility payment.

  • 1094-B: Transmittal form that must be filed with the Form 1095-B

1095-C: Furnished to any employee of an Applicable Large Employer (ALE) member who is a full-time employee for one or more months of the calendar. ALE must report that information for all twelve months of a calendar year for each employee.

  • 1094-C: Transmittal Form that must be filed with the Form 1095-C
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