United Benefit Advisors Insight and Analysis Blog

IRS Extends Due Date to Furnish ACA Forms to Participants and Provides Good Faith Penalty Relief

By Karen Hsu, Director of Compliance at United Benefit Advisors
  Dec 11, 2018 1:12:23 PM

shutterstock_378165493The Internal Revenue Service (IRS) issued Notice 2018-94 to extend the due date to furnish 2018 Forms 1095-B and 1095-C to individuals. The due date moves from January 31, 2019, to March 4, 2019.

The IRS also extends “good faith compliance efforts” relief for 2018. As in prior years, this relief is applied only to incorrect or incomplete information reported in good faith on a statement or return. The relief does not apply to a failure to timely furnish a statement or file a return.

Read more about the notice.

Topics: extended, Form 1095-B, Form 1095-C, compliance recap