2019 Deadlines for the 2018 Tax Year: ACA Reporting Services
This post is for Applicable Large Employers (ALEs) required to comply with the Affordable Care Act. We hope you find it helpful.
The following is sourced from the ACA Times:
“Every year, the IRS requires employers to submit important ACA information to the agency and their employees. Here are some important dates to keep in mind for successful ACA compliance and submitting ACA information for the 2018 tax year to the IRS to avoid being assessed penalties.
Below are a list of 2019 deadlines for providing ACA information to the IRS for the 2018 tax year
1. February 28, 2019: Deadline to file 1094-C / 1095-C schedules for 2018 if paper filing.
2. March 4, 2019 (Previously January 31, 2019): IRS deadline to furnish 1095-C schedules for 2018 to employees.
3. April 1, 2019: Deadline to file 1094-C / 1095-C schedules for 2018 if electronic filing.
4. July 31, 2019: Form 720 (PCORI) for 2018 due from self-insured plans (includes self-insured employers).
5. August 1, 2019: Late filing deadline to file 1094-C / 1095-C schedules for 2018.
More details on the IRS filing deadlines
February 28, 2019
Deadline to file 1094-C /1095-C schedules for 2018 if paper filing.
This applies to employers with total form counts (less than 250) can elect to paper file their ACA information filings with the IRS. Organizations should adhere to proper filing process and document layout. The 1094-C must be the first form in the submission and the documents must be printed in landscape format. Double check that the Company Name, Address, EIN, and associated EINs, in addition to all of the other applicable fields on the 1094-C cover page, are accurate.
March 4, 2019 (Previously January 31, 2019)
IRS deadline to furnish 1095-C schedules for 2018 to employees.
Make sure that you’re distributing 1095-C schedules to all of your ACA full-time employees. Failure to do so could result in a Failure to Furnish penalty under IRC Section 6722. When printing the forms to furnish to your employees, ensure that the forms are printed in landscape format and all necessary fields on the 1095-C are accurate and complete.
April 1, 2019
Deadline to file 1094-C/1095-C schedules for 2018 if electronic filing.
Many of the problems encountered in filing information electronically are data problems. Make sure your key data points are accurate, such as Legal Name, SSN, Address, Employment Periods, Location, and EIN. If an organization receives a status of ‘Accepted with Errors,’ they should note the types of errors identified in their electronic filing. Failure to correct these issues could result in penalties under IRC 6721/6722.”
ACA Reporting Services
Passport Software’s ACA Reporting Services include optional proxy submission for those who have purchased our software. Our ACA Full-Service includes proxy submission, and we also provide consultation services for penalty notices.
Our ACA Software is IRS-certified, and we are IRS-approved to file on your behalf. Call 800-969-7900 to learn more.
Or Contact Us – We are here to help.