IRS Extends ACA Deadlines and Good-Faith Relief

IRS Extends ACA Deadlines and Good-Faith Relief

The IRS just released Notice 2016-70, which extends the deadline for furnishing 1095-C Forms to employees from Jan 31, 2017 to March 2, 2017.

The filing deadlines remained unchanged:  February 28 for paper filing, March 31 for e-filing.  Employers may obtain a 30-day extension for filing with the IRS by filing Form 8809 on or before the forms’ due date.

The IRS has also extended last year’s good-faith transition relief for inaccurate information on the forms. The good-faith relief applies only to data on the forms, not failure to comply with due dates.  The IRS does not foresee extending transition relief for 2017.

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