On December 22, 2017, IRS issued Notice 2018-06 to delay the 2017 furnishing deadline for ACA reporting. The IRS has extended the due dates for furnishing 2017 Forms 1095-B and 1095-C to covered individuals and full-time employees from January 31, 2018 to March 2, 2018. There is no request or other documentation required to take advantage of the extended deadline.

Notice 2018-06 also extends good-faith transition relief from penalties for providing incorrect or incomplete information to reporting entities that can show that they have made good faith efforts to comply with the 2017 ACA reporting. This relief applies to missing and inaccurate taxpayer identification number and dates of birth, as well as other information required on the return or statement. No relief is provided for reporting entities that:

• Do not make a good-faith effort to comply with the regulation; or
• Fail to file an information return or furnish a statement by the due dates (as extended)

Note that the IRS has determined that there is no need for additional time for employers and insurers to file 2017 forms with the IRS. The due date remains:

• February 28, 2018 if filing on paper; or
• April 2, 2018 if filing electronically

If you have any questions, please contact your assigned Sentinel Client Executive.