The IRS recently issued Notice 2016-70, which extended the 2016 deadline for furnishing statements to individuals under Sections 6055 and 6056. The notice also extended good-faith relief from penalties for 2016 reporting.
However, this extension does NOT apply to the employer reporting to the IRS with Form 1094 transmittal.
Important Dates to Know:
- March 2, 2017: Deadline to furnish 2016 1095-B and 1095-C to individuals
- February 28, 2017: Deadline for 2016 filing with the IRS in paper form
- March 31, 2017: Deadline for 2016 filing with the IRS electronically