You may recall last year, amidst the turmoil of how to file the reporting forms associated with the Affordable Care Act, the IRS offered a bit of relief in the form of filing deadline extensions.
No such luck this year.
This year, amidst the turmoil of whether or not to file the reporting forms associated with the Affordable Care Act (hey, we’re sensing a theme here), we still have to file by the original filing deadlines. At least, those of us who want to remain in compliance with what is still technically the law will still have to file by the original filing deadlines.
And for paper filers, that means the end of February!
Those who plan to complete paper copies of Form 1095-B or 1095-C must mail them into the IRS, along with the appropriate 1094 Form, by February 28, 2017.
If you’d like to get a little bit of an automatic extension, though, you can choose to e-file and get an extra thirty days instead! The e-filing deadline isn’t until March 31, and you don’t even need to alert the IRS or anybody that you plan to e-file rather than paper file.
E-filing (especially with ACAwise) is easier, faster, and more secure than paper filing. Plus, if you have more than 250 forms to file, the IRS requires you to e-file. If you’re not too sure about the process, though, or would still like a few questions answered, you can always give one of our customer support reps a call or set up a free demo!
Of course, if you’d still like to paper file, we totally understand and wish you the best of luck! (We also give you a friendly reminder that we provide simple ACA corrections in case that doesn’t turn out as well as you hope.) And don’t forget to file by February 28!