The IRS continues to prepare for employers to file ACA-mandated information with the IRS for the 2017 tax year.
The IRS is now making the new Form 1094-C and Form 1095-C available.
You can view the 2017 forms at these links:
The most notable difference is that the forms no longer allow for any information on transition relief. The IRS has confirmed that the various forms of transition relief under section 4980H that had been made available in 2015 and 2016 to ALEs that fit specific situations are no longer available for the 2017 tax year reporting.
The IRS has issued the filing schedule for reporting ACA-mandated employee data for the 2017 tax year. The agency is expected to start sending notices of penalty assessments by the end of the year for those companies who did not comply with ACA provisions and IRS filing requirements for the 2015 tax year.
We’re committed to helping companies reduce risk, avoid penalties, and achieve 100% ACA compliance. For questions about the ACA contact us here.