December 29, 2015
The Internal Revenue Service (IRS) has just published Notice 2016-4, which extends the filing deadline for certain forms required to be sent to individuals or filed with the IRS by employers and health plans under the Affordable Care Act.
The extensions are as follows:
If an employer or health plan had already formally requested an extension of the filing deadline, the IRS will not act on that request because it is extending the deadline for all filers.
Notice 2016-4 also provides guidance to individuals who might not receive a Form 1095-B or Form 1095-C by the time they file their 2015 tax returns. For 2015 only, individuals who rely upon other information received from employers or health plans need not amend their tax returns once they receive their forms.
For information on Affordable Care Act reporting by employers, see Sibson Consulting’s October 1, 2015 Update.
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