ACA: IRS Releases 2017 Reporting Forms

With no changes to the Affordable Care Act (ACA) on the horizon, employers must remember their reporting requirements. The Internal Revenue Service (IRS) recently released final forms and instructions for 2017 ACA tax reporting, as detailed below.

It is federally mandated that employers with 50 or more full-time or full-time equivalent employees must report information about the health care coverage, if any, they offer. The updated forms and instructions to do so are:

For employers that sponsor self-funded minimum essential coverage plans, the required forms and their instructions are:

Deadlines

For 2018, the deadline to furnish the 2017 Form 1095-B or Form 1095-C to the employees or individuals is January 31, 2018.

The deadlines to file ACA forms with the IRS depend on whether you are filing a paper form or filing electronically.

  • The deadline to paper file all 2017 Forms 1095-C or 1095-B, as well as the appropriate transmittal Form 1094-C or 1094-B, is February 28, 2018.
  • The deadline to electronically file all 2017 Forms 1095-C or 1095-B, as well as the appropriate transmittal Form 1094-C or 1094-B, is April 2, 2018.

Members can read more about the ACA’s Reporting Requirements in the HR Library.  Not a member? See how HRCalifornia can help you.

Staff Contact: Gail Cecchettini Whaley

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