Final ACA Reporting Forms and Instructions for 2021 Calendar Year

The IRS has released final ACA information reporting forms and instructions for the 2021 calendar year, as well as proposed regulations that permanently change the deadline for furnishing Forms 1095-C to individuals.  That is, an applicable large employer (ALE) has a 30-day extension to provide these forms to individuals.

Here are the three important deadlines for filing 2021 information:

• March 2, 2022: (new permanent) deadline for furnishing the written statement (Form 1095-C) to full-time employees.
• February 28, 2022: deadline for filing Form 1094-C transmittal (and copies of related Forms 1095-C) with the IRS, if filing on paper.
• March 31, 2022: deadline for filing Form 1094-C transmittal (and copies of related Forms 1095-C) with the IRS, if filing electronically.  Electronic filing is mandatory if the ALE is required to file 250 or more Forms 1095-C for the 2021 calendar year.

If you have questions on the ACA reporting requirement, call ASR Health Benefits at (616) 957-1751 or (800) 968-2449.