2016 Furnishing Deadline for ACA Reporting Delayed

On November 18, 2016, the Internal Revenue Service (IRS) issued Notice 2016-70 to:

  • Extend the due date for furnishing forms to individuals under Sections 6055 and 6056 for 2016 for 30 days, from January 31, 2017, to March 2, 2017.
  • Extend good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and 6056.

Notice 2016-70 does not extend the due date for filing forms with the IRS for 2016. The due date for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2017 (March 31, 2017, if filing electronically).

IMPORTANT DATES

  • March 2, 2017 – Deadline for furnishing 2016 Forms 1095-B and 1095-C to individuals
  • February 28, 2017 – Deadline for 2016 filing with the IRS in paper form
  • March 31, 2017 – Deadline for 2016 filing with the IRS electronically