ACA filing for the 2022 tax year is fast approaching. Any employers with employees located in Rhode Island should note that the Rhode Island Division of Taxation recently changed the filing deadlines related to state individual mandate reporting requirements.
As a reminder, since 2020, the Rhode Island individual mandate (“RI Mandate”) has required Rhode Island residents to maintain “minimum essential health care coverage” or pay a tax penalty.
All employers (including out-of-state employers) who provide employment-based health care coverage to any resident of Rhode Island, must do the following (or work with their carrier or vendor to do the following):
- Distribute IRS Forms 1095-B/C to Rhode Island plan participants by March 2 of each year; and
- Submit IRS Forms 1095-B/C to the Rhode Island Division of Taxation (DOT) by March 31 of each year.
These new deadlines are permanent and align Rhode Island’s guidance with the IRS’s permanent Affordable Care Act (ACA) filing deadline change.
Additional Resources:
Rhode Island Department of Revenue – Division of Taxation: ADV_2022_29_individual_mandate_deadline.pdf (ri.gov)
