IRS Provides Transition Relief For 2019 ACA Reporting

On December 2, 2019, the Internal Revenue Service (IRS) issued Notice 2019-63 to do the following:

  • Extend the due date for furnishing forms under Sections 6055 and 6056 for 2019 from Jan. 31, 2020, to March 2, 2020. (This effectively extends the deadline for 31 days.)
  • Extend good-faith transition relief from penalties related to 2019 information reporting under Sections 6055 and 6056
  • Provide additional penalty relief related to furnishing 2019 forms to individuals under Section 6055. Under this relief, employers will only have to provide Form 1095-B to covered individuals upon request.

The due date for filing forms with the IRS for 2019 remains February 28, 2020 (March 31, 2020, if filing electronically).

Learn more about each of these changes and the action steps you need to take by downloading our ACA Compliance Bulletin.