IRS Extends Affordable Care Act Reporting Deadline
January 31, 2020
The Internal Revenue Service (“IRS”) has issued Notice 2019-63, which extends the deadline for applicable large employers to issue Affordable Care Act Form 1095-C to employees, from January 31, 2020, to March 2, 2020. Employers with self-funded plans must continue to complete Part III of Form 1095-C to report monthly enrollment status for all full-time employees and any dependents. Insurance carriers may elect to forgo issuing Forms 1095-B to individuals covered under insured health plans when certain conditions are met.