What is the deadline for employers to distribute copies of the ACA Forms to their employees?
95 views | Last modified 1/6/2021 5:15:43 AM EST

According to the Affordable Care Act, employers must file annual information returns with the IRS reporting individual’s health insurance coverage and distribute these ACA 1095 copies to enrolled employees before the deadline.

Employee Copy Distribution Deadline

To comply, employers must distribute copies of ACA Forms 1095-B / 1095-C to employees/recipients before March 02, 2021, for the tax year 2020.

Penalties

If you fail to file ACA Forms or distribute 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.

For more information about ACA employer information reporting penalties for failure to comply, check out here

If you are looking to distribute the copies of the 2020 ACA Forms to your employees on-time, reach out to ACAwise, we will take care of generating the Form 1094 & 1095 and distributing the copies to your employees on-time by postal mailing and through a secure employee portal. 

At the same time, we also perform USPS Address Validations to the employees’ addresses on file, if you opted for it. This ensures the forms are delivered to a valid address without any delays.
 

Was this helpful? Yes No

Sign Up for a
FREE ACAwise Account!

Register Now

Returning User? Sign in

Couldn't find what you
are looking for?

Contact Us

(704) 954-8420 support@acawise.com