What is the IRS deadline for paper filing ACA Forms 1094 and 1095-B/C?
1.2k views | Last modified 11/12/2024 6:24:32 AM EST | Added by ACAwise Team

According to the ACA reporting requirements section 6055 & 6056, employers must file annual information returns with the IRS and furnish statements to their employees on healthcare plan coverage information before the deadline.

Most often, the IRS encourages employers to file electronically. By E-filing the form 1095-C with the IRS, the IRS can process your returns at a faster rate, you can also check the status of your submission instantly. 

Paper filing Deadline

If you choose to paper file (less than 10 forms) your 1094 and 1095-B/C with the IRS, February 28, 2025, is the deadline to submit your 2024 tax year information returns. 

Penalties

If you fail to file ACA Form 1095-B/ Form 1095-C or furnish employee copies on time, the IRS issues penalty letters 5699, 5005-A, and 972CG with proposed penalties under sections 6721 and 6722 to the ALEs.

To learn more about ACA employer information reporting penalties for failing to comply with the IRS specified ACA requirements, you can check out here

If you want to save yourself from the risk of unwanted IRS penalties, get in touch with our ACAwise team. By providing your employee’s ACA data to us, we can take care of generating your IRS 1094& 1095 forms with ACA codes and e-file 1095-C with the IRS, State and distribute the 1095 copies to your employees on time.