On Dec. 22, 2017, the Internal Revenue Service issued Notice 2018-06, which provides certain extensions related to Affordable Care Act reporting for 2017. Specifically, this notice:
• Extends the due date for furnishing forms to individuals under Sections 6055 and 6056 from Jan. 31, 2018, to March 2, 2018
• Extends good-faith transition relief from penalties related to 2017 information reporting under Sections 6055 and 6056
The due dates for filing forms with the IRS for 2017 are not affected by this guidance. The due date for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2018 (April 2, 2018, if filing electronically).
Despite the delay, employers and other coverage providers are encouraged to furnish 2017 statements to individuals as soon as they are able.
Read more… IRS Notice 2018-06