UPDATE: November 29, 2018
On November 29, 2018, the IRS delayed the deadline to furnish Form 1095-C to employees from January 31 to March 4, 2019. In addition, the IRS will offer good faith transition relief from certain penalties for the 2018 reports. The full notice is here: IRS Notice – Form 1095-C Deadline Pushed to March 4, 2019
Bose McKinney & Evans LLP presents a new, free video, led by partner Jim Hamilton and recorded in early November 2018, available for Indiana and Illinois schools to review the 2018 IRS 1094 and 1095 forms. (Disclaimer: Presenter Jim Hamilton is licensed to practice law in the states of Indiana and Illinois. School administrators should contact an attorney licensed to practice law in their state for specific questions.)
The deadline to file 1094-B, 1095-B, 1094-C and 1095-C (as applicable) with the IRS is February 28, 2019, or April 1, 2019, if filing electronically. Form 1095-B or Form 1095-C (as applicable) must be distributed to employees by March 4, 2019.
Topics of the video include the following:
- Review of most recent guidance available from the IRS about 2018 ACA reporting
- Discussion of changes to the 2018 IRS forms relative to 2017 filings
- Step-by-step instructions to complete the 1094 and 1095 filings
WHO SHOULD WATCH THE VIDEO:
School business officials and benefit administrators
Click to access the video: Affordable Care Act
To access the slide deck from the video, click the “ i ” in the white circle in the lower right hand corner of the screen, highlight the text per the instructions, right click on the highlighted link, then select Open Link. The slide deck will open as a PDF.