Forms 1095-B/C Must Be Furnished by March 2

Requirement: Form 1095-C or Form 1095-B Annual Statement to Individuals
Deadline: January 31
*Note: The IRS provided an additional 30 days for furnishing the 2016 employee statements, extending the due date from Jan. 31, 2017, to March 2, 2017.

Overview: Applicable large employers (ALEs) subject to the ACA’s employer shared responsibility rules must furnish Form 1095-C (employee statements) annually to their full-time employees. Also, sponsors of self-insured health plans must furnish Form 1095-B (individual statements) annually to any individual covered under the self-insured plan.

The Forms 1095-B and 1095-C are due on or before Jan. 31 of the year immediately following the calendar year to which the statements relate. Extensions may be available in certain limited circumstances. However, an alternate deadline generally is not available for ALEs that sponsor non-calendar year plans.