1095 Deadline Extension May Not Happen This Time

November 12, 2021

The IRS has extended the January 31 deadline for providing health insurance reports on Forms 1095-C and 1095-B to employees/recipients every year that the form has existed. It looks like they are going to break the habit this year.

Employers provide these forms to employees/recipients to document their health insurance offering (1095-C) and coverage (1095-C or 1095-B) for tax filings. Being late carries a "non-willful" penalty of up to $280 for each late 1095, up to $3.426 million. "Intentional disregard" of the requirements carries stiffer penalties, with no limit.

While the IRS still could extend the deadline again, it has not given any indication that it will do so. Employers should plan on the January 31 deadline holding firm. If extra time is needed, employers can receive a single 30-day extension by filing Form 8809 by the January 31 due date.

Related: Affordable Care Act Penalties.

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