The IRS has extended the due dates for certain information reporting requirements for 2016 imposed by the Patient Protection and Affordable Care Act (ACA) under Code Secs 6055 and 6056 of the Internal Revenue Code. Specifically, Notice 2016-70 extends the due date for furnishing to individuals the 2016 Form 1095-B, Health Coverage, and the 2016 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, from January 31, 2017, to March 2, 2017. The notice also provides for transitional good-faith relief from the penalties imposed by Code Secs. 6721 and 6722 of the Internal Revenue Code relating to the 2016 information reporting requirements under sections 6055 and 6056. (Notice 2016-70, IRB 2016-49, December 5, 2016.)
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