IRS Extends Deadline to Provide Forms 1095-B and 1095-C
The IRS has automatically extended the due date for employers to provide employees with information regarding their 2017 health care coverage. Small employers (under fifty full-time employees including full-time equivalents) that offer self-insured medical coverage, and applicable large employers subject to the employer shared responsibility provisions of the Affordable Care Act, now have until March 2, 2018 to provide Forms 1095-B or 1095-C, respectively, to individuals. The Forms were originally due January 31, 2018. Taxpayers are not required to wait to receive their Form 1095-B or Form 1095-C to complete their 2017 individual income tax return. This extension does not extend the deadline for filing the 2017 information returns (Forms 1094-B or 1094-C) with the IRS, which are due February 28, 2018 for paper filers and April 2, 2018 for electronic filers.