The IRS ACA reporting DEADLINES for TY23 [filing in 2024] are as follows:
MARCH 1, 2024:
Deadline to furnish IRS FORMs 1095-C to individual eligible employees. [This date takes in account that 2024 is a leap year.]
APRIL 1, 2024:
Deadline to e-file FORMs 1095-C & 1094-C plus all other required ACA documentation to the IRS. [This date takes into account March 31 falls on a Sunday in 2024.]
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» NOTE: NO MORE PAPER FILING. For TY23 [filing in 2024] the IRS requires all ALEs [absent very few unusual circumstances] to e-file FORMs 1095-C & all other ACA documentation via the IRS ACA Information Returns System [IRS AIR].
» NOTE: TRANSMISSION CONTROL CODES. Only IRS certified e-filers can file ACA reports to the IRS AIR. Confirm well in advance of filing that you [or your specialist ACA vendor] have the certification of an IRS TRANSMISSION CONTROL CODE [TCC].
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The IRS FINES for missing ACA DEADLINES are as follows:
UP TO 30 DAYS LATE:
IRS PENALTY = $60 PER RETURN;
with a maximum penalty of $630,500 per ALE.
OVER 30 DAYS LATE BUT BEFORE AUG 1, 2024:
IRS PENALTY = $110 PER RETURN;
with a maximum penalty of $1,766,000 per ALE.
AFTER AUG 1, 2024:
IRS PENALTY = $290 PER RETURN;
with a maximum penalty of $3,532,500 per ALE.
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Click here for ACA CENTRAL: Employer Guide & Glossary
Click here for a list of all ACA STATE MANDATE DEADLINES
Click here for a comprehensive guide to IRS CODES for FORM 1095-C.
