On December 28, 2015, the IRS announced that deadlines for 2015 Section 6055 and 6056 reporting have been delayed. These deadlines have been extended to give employers and other providers more time to analyze and report coverage information.
- March 31, 2016: is the new deadline for furnishing Forms 1095-B and 1095-C to employees (previous due date was February 1, 2016).
- May 31, 2016: is the new deadline for filing Forms 1094-B, 1095-B, 1094-C and 1095-C with the IRS (previous due date was February 29, 2016).
- June 30, 2016: is the new deadline for e-filing Forms 1094-B, 1095-B, 1094-C and 1095-C (previous due date was March 31, 2016).
Section 6055 applies to providers of minimum essential coverage, such as health insurance issuers and employers with self-insured health plans. These entities will commonly use Forms 1094-B and 1095-B to report information about coverage they provided during the previous year.
Section 6056 applies to applicable large employers (ALEs), or those with 50 or more full-time employees, including full-time equivalents, in the previous year. ALEs should use Forms 1094-C and 1095-C to report whether they offered coverage to their full-time employees.
The extended due dates are automatic, and employers are not required to submit any requests or documentation to the IRS to take advantage of these new deadlines.