Don’t Be Late. Extended 2022 ACA Deadline To Keep In Mind

Last Updated on January 4, 2022 by G. T. HR

Update, January, 2022 – The deadline for ACA reporting forms to employers has been extended but with all of the busy new year HR tasks, it will be important to keep this deadline on your radar. Late or inaccurate forms could lead the IRS to notify an employer that it may be liable for a penalty payment. The IRS may impose penalties of up to $280 per form for failing to furnish an accurate Form 1095-C or 1095-B to an employee. A separate $280 per-form penalty may be imposed for failing to file an accurate form with the IRS, for a potential $560 penalty per employee.

The IRS, has extended the deadline for furnishing Affordable Care Act (ACA) reporting forms to employees. The original date of January 31, is now March 2.

The ACA requires applicable large employers (ALEs)—employers that during the prior year had 50 or more full-time employees or the equivalent when part-time employees’ hours are combined—to submit reporting forms to the IRS and to distribute these forms to employees by the following deadlines:

ACA RequirementDeadline
1095 forms delivered to employeesJan. 31, 2022
(proposed automatic extension to March 2)
Paper filing with IRS*Feb. 28, 2022
Electronic filing with IRSMarch 31, 2022

*Employers that file 250 or more information returns with the IRS must file the returns electronically.

Need Help Understanding ACA Regulations?

MyHRConcierge provides our employer clients expert consulting regarding the Affordable Care Act through our ACACompli service. Get help with the ACA or other human resources compliance issues from MyHRConcierge. To get started, contact MyHRConcierge at 1-855-538-6947 x.108 or email ccooley@myhrconcierge.com.