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IRS Extends ACA Reporting Deadline for Furnishing Statements

Medicare Part D Disclosures Due to CMS

Quick Facts: In Notice 2020-76, the IRS extended the 2021 deadline for employers and insurers to furnish individual statements on 2020 health coverage and full-time employee status (Forms 1095-B and 1095-C) from February 1 (generally due January 31, but this year it is a Sunday) to March 2, 2021.

The notice also extends the good-faith penalty relief to 2020 for incorrect or incomplete reports due in 2021.

For more information, link to Notice 2020-76, click below:

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