IRS Provides Relief for 2020 Employer ACA Report to Employees Deadline

On October 2, 2020, citing employers’ and insurers’ need for additional time to provide individuals with the Form 1095-Bs and 1095-Cs, the IRS issued Notice 2020-76 extending the deadline from January 31, 2021 to March 2, 2021 to provide those forms. Since the current individual mandate tax is zero, this should not pose a problem for employees wishing to complete their individual tax returns.

In addition, by providing this relief now, the IRS states in the Notice that it will not extend the due date beyond March 2, 2020.