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Action Required: Changes to ACA Annual Reporting in 2017

By February 8, 2017 No Comments

The Affordable Care Act (ACA) not only affects large employers, but it affects their employees as well. You may have already started to receive questions about Form 1095-C from your employees.

For 2017, the due dates for distributing Form 1095-C to employees and for filing this form with the IRS have both been moved to earlier dates compared to last year’s dates. Form 1095-C must be distributed to employees by March 2, 2017 (recently extended from the original date of January 31). These forms, along with any other ACA reporting forms such as 1094-B, 1094-C, and 1095-B, must be submitted to the IRS by February 28, 2017, if filing by paper, or March 31, 2017, if filing electronically.

HR Knowledge has created a template communication to share with your full time employees about the ACA, as well as a Q&A about the different ACA forms, which can be viewed by clicking here.