IRS Extends Date to Provide Health Information Forms to Employees

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By Keith Hill

An extension to provide Forms 1095-B, Health Coverage, and 1095-C, Employer-Provided Health Insurance Offer and Coverage, to individuals was given to applicable large employers, insurers, self-insuring employers, and other coverage providers, the Internal Revenue Service said Dec. 22 ( IR-2017-209).

The new deadline is March 2, 2018, 30 days longer than the original due date of Jan. 31, the IRS said in extending the time to provide 2017 health coverage information forms to employees.

Insurers, self-insuring employers, other coverage providers, and applicable large employers must furnish statements to employees or covered individuals regarding the health-care coverage offered to them. Individuals may use this information to determine whether, for each month of the year, they may claim the premium tax credit on their individual income tax returns, the IRS said.

The deadline for filing 2017 information returns with the IRS were not extended. For 2018, the due dates are Feb. 28 for paper filers and April 2 for electronic filers, the IRS said.

Because of these extensions, individuals may not receive Forms 1095-B or 1095-C by the time they are ready to file individual income tax returns for 2017. Although information on these forms may assist in preparing a return, these forms are not required for filing, the IRS said.

To contact the reporter on this story: Keith Hill in Washington at khill@bloombergtax.com. To contact the editor on this story: Michael Baer at mbaer@bloombergtax.com.

Copyright © 2017 The Bureau of National Affairs, Inc. All Rights Reserved.

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