[OSSSA218] ACA Communications ALERT ~ Extended Due Dates for Form 1095s

[Pamella Johnson]

Good morning employers:

Below you will find an important update from the IRS regarding ACA communications. Additionally, the link:  https://www.irs.gov/pub/irs-drop/n-16-4.pdf should provide additional assistance.

With thanks,

Pamella
Pamella Johnson
Oregon State Social Security Administration
Oregon Public Employees Retirement System



Here is some important news on the ACA information returns.

Please take note of this important ACA communications alert regarding IRS Notice 2016-04.  You are free to share this information widely with your employees and stakeholders.  The information below provides guidance for individual taxpayers - recipients of the new health care coverage information reporting forms - and for the issuers of those forms both employers and coverage providers.  In addition it is important information for our various partners in tax administration including return preparers, volunteers and those in the electronic tax filing industry.

On Dec. 28, the IRS extended the due dates<https://www.irs.gov/pub/irs-drop/n-16-4.pdf> for new health care information reporting forms in 2016.   Insurers, self-insuring employers, other coverage providers, and applicable large employers now have additional time to provide health coverage information for 2015 to individual taxpayers and the IRS. The IRS is prepared to accept filings of the information returns beginning in January 2016.   However, providers and certain employers must now furnish individuals with either Form 1095-B or 1095-C by March 31, 2016.  While the due dates for issuers filing these forms and the associated Form 1094 with the IRS are May 31, 2016 for paper filers and June 30, 2016 for electronic filers,  employers and other coverage providers are encouraged to furnish statements and file the information returns as soon as they are ready.

*         Due to these extensions, some individual taxpayers may not receive a Form 1095-B or Form 1095-C by the time they are ready to file their 2015 tax return.

*         While the information on these forms may assist in preparing a return, they are not required.

*         Like last year, taxpayers can prepare and file their returns using other information about their health insurance.

*         Individuals do not have to wait for their Form 1095-B or 1095-C in order to file.

The IRS has not extended the due dates for Health Insurance Marketplaces to issue Form 1095-A. Individuals who enrolled for coverage through the Marketplace should receive Form 1095-A by February 1, 2016 and should wait to file their returns until the receive their Form 1095-A.

The IRS has posted a set of questions and answers<https://www.irs.gov/Affordable-Care-Act/Questions-and-Answers-about-Health-Care-Information-Forms-for-Individuals> that introduce the new Forms 1095-B and 1095-C.  The questions and answers explain who should expect to receive the forms, how they can be used, and how to file with or without the forms.

Sharon L. Shelton,  Field Operations Mgr.
TE/GE - Federal, State and Local Govts.
600 17th St., Suite 450 South
Denver, CO  80202
lynn.shelton at irs.gov<../../../../../../Documents%20and%20Settings/D8KDB/Application%20Data/Microsoft/Signatures/lynn.shelton at irs.gov>



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