Wednesday, December 1, 2021

Prepare for Upcoming ACA Reporting Deadlines in 2022


Update: IRS Offers Extension for Delivering Employee Forms

The IRS, after initially saying there would be no automatic deadline extension for delivering Affordable Care Act (ACA) 1095 reporting forms to employees at the start of 2022, has now proposed a permanent, automatic 30-day extension, until March 2, for furnishing employee forms. The proposal says employers and insurers may take advantage of the extension for 2021 reporting forms before the rule is finalized.

The proposal does not change the due dates for filing these forms with the IRS. 

Employers should ensure that they and their service providers are prepared to furnish health care reporting forms to employees and file these forms with the IRS in this first quarter of 2022 as required under the Affordable Care Act (ACA), as the IRS will no longer grant penalty relief upon showing good-faith efforts to comply.

The ACA requires applicable large employers (ALEs)—employers that during the prior year had 50 or more full-time employees or the equivalent when part-time employees' hours are combined—to submit reporting forms to the IRS and to distribute these forms to employees by the following deadlines:

ACA RequirementDeadline
1095 forms delivered to employeesJan. 31, 2022
(proposed automatic extension to March 2)
Paper filing with IRS*Feb. 28, 2022
Electronic filing with IRS
March 31, 2022

*Employers that file 250 or more information returns with the IRS must file the returns electronically.

Source: IRS.