PRO-WARE Home PRO-WARE Shopping Cart

ACA Compliance For Tax Year 2017

The IRS has recently released the 1094-B, 1095-B, 1094-C and 1095-C forms and instructions for the 1094/1095-B and 1094/1095-C for tax year 2017.

The due date for the forms to be distributed to employees is January 31, 2018.

The due dates for paper filing the IRS copies of these forms is February 28, 2018 and the due date for e-filing the IRS copies of these forms is April 2, 2018.

In prior years the IRS provided relief to employers who made a good faith effort to comply with the information reporting requirements and determined that they would not be subject to penalties for filing incomplete or incorrect information. As long as the forms were filed by the deadline and a reasonable attempt was made to ensure the accuracy of the information provided, the filing requirements were considered to have been met.

For 2017, the IRS has not yet indicated that the “good faith compliance efforts” relating to reporting requirements will apply. Therefore, we encourage employers to complete the reporting requirements for tax year 2017 with a high degree of accuracy. There will still be relief for minor errors on Line 15 of the 1095-C as long as the filer performs due diligence in determining the amounts reported.

We encourage all users to maintain their timetable for accurate completion of the information returns on a timely basis.

PRO-WARE Technical Support Staff
3909 South 147 Street, Suite 134
Omaha, NE 68144