The IRS has extended the deadline for furnishing Forms 1095-B and 1095-C to individuals from January 31, 2019 to March 4, 2019. Notice 2018-94 DOES NOT extend the deadlines for filing the 2018 Forms 1094-B, 1095-B, 1094-C, or 1095-C with the IRS. The due date for filing with the IRS remains February 28, 2019 for paper forms, or April 1, 2019 if filing electronically.
Notice 2018-94 also extends the “good faith” reporting relief seen in prior years for incomplete or incorrect information returns. Penalty relief will only be available to those who can demonstrate a reasonable effort was made to prepare an accurate form and that the form was furnished and filed in a timely manner. Individual taxpayers are not required to wait to receive a Form 1095-B or 1095-C before filing their personal tax returns and may rely on other information available to them to confirm they maintained minimum essential coverage in 2018.
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