The year-end filing deadline for employers is here, the Affordable Care Act still stands, and the IRS is standing by to fully enforce the Employer Mandate. This means Applicable Large Employers (ALEs) and Third Party Administrators (TPAs) must file 1095 Form 2017 and provide recipient copies to employees by the IRS deadline. Here is what you need to know about the upcoming ACA reporting deadline 2019.
What You Need to Know About Upcoming ACA Reporting Deadline 2019
Paper Filing Deadline: Wednesday, February 28, 2019
Electronic Filing Deadline: Monday, April 1, 2019
ACA Form 1095-C Deadline 2019
Applicable Large Employers (ALEs) and Third Party Administrators (TPAs) are responsible under the Employer Mandate to provide employees with ACA forms including correct 1095-C codes 2017. These forms must be provided to eligible employees no later than March 4, 2019.
Applicable ACA employers must also file Form 1095-C with the IRS. Paper filers must have forms submitted by February 28, 2019, and e-filers must transmit by April 1, 2019. If a business fails to meet the 1095-C deadline, that business will face hefty IRS penalties.
Your employees need the Affordable Care Act Form 1095-C, the Employer-Provided Health Insurance Offer and Coverage Information Returns, to help them complete their tax returns.
ACA Form 1094-C Deadline 2019
Transmittal Form 1094-C is filed on the Form 1095-C and serves as proof that Applicable Large Employers (ALEs) and Third Party Administrators (TPAs) were compliant. A businesses compliance is determined by the IRS regulation and the Employer Mandate. All applicable employers must report whether they offered the affordable minimum health coverage and enrollment to all eligible employees.
Under Section 6055 and 6056, Applicable Large Employers and Third Party Administrators must use 1095-C Codes 2019 to report coverage and enrollment in regards to Employer Mandate.
ACA 1095 Electronic Filing
Employers filing more than 250 forms must e-file with the IRS. Also, it should be noted that the deadline for paper filing falls one month prior to the electronic reporting deadline.
Your Filing Solution for ACA Reporting Deadline 2019
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