|ACA Information Reporting Forms||2015 Tax Year Deadlines (forms filed in 2016)||2016 Tax Year Deadlines (forms filed in 2017)|
|Forms 1095-B and 1095-C due to employees (to be postmarked if mailed, or sent by e-mail if applicable conditions met).||March 31, 2016||*NEW* March 2, 2017|
|Forms 1094-B, 1095-B, 1094-C and 1095-C due to IRS if filing on paper.||May 31, 2016||Feb. 28, 2017|
|Forms 1094-B, 1095-B, 1094-C and 1095-C due to IRS if filing electronically.*||June 30, 2016||March 31, 2017|
|*Any employer filing 250 or more information returns during the calendar year must file these returns electronically. For employers with fewer than 250 returns, electronic filing is voluntary.|
All clients on our ACA Reporting Service have forms that are filed electronically. If you have not started coding with your ACA representative, you need to start doing so now. There is not much time left to submit your information.
The extended reporting deadlines are not the only relief that’s ending. Due to the phasing-in of the ACA’s shared responsibility mandate—also known as “play or pay”—only organizations with 100 or more full-time or equivalent employees were subject to the shared responsibility mandate in 2015, and they only needed to insure 70 percent of their full-time workers.
Starting in 2016, however, all organizations with 50 or more full-time employees or equivalents must insure 95 percent of their full-time employees to avoid liability under the ACA’s shared responsibility provisions, and the resulting penalties.