On Nov. 18, the IRS announced via IRS Notice 2016-70 that it has issued transition relief for filing 2016 ACA Forms 1095-B and 1095-C, which extends the due date from Jan. 31, 2017, to March 2, 2017.
The extension only applies to the ACA Forms 1095-B and 1095-C that are due to the recipients and/or employees and not to the deadline for submitting the forms to the IRS. Filers must continue to file forms 1094-B, 1095-B, 1094-C and 1095-C to the IRS by Feb. 28, 2017, if they are paper filing, and by March 31, 2017, if they are e-filing the forms.
Notice 2016-70 also extends the transition relief for sections 6721 and 6722 penalties if a good faith effort is made in preparing the forms. This penalty relief is the same as it was for the 2015 forms. The penalty relief does not apply to a failure to file the forms in a timely manner. This notice applies only to 2016 forms and not to any future years. The IRS does not intend to extend this relief for the 2017 ACA forms.