The IRS today released an advance version of Notice 2019-63 that provides additional time for employers and other entities to provide 2019 health coverage information forms to individuals.
Notice 2019-63 [PDF 64 KB] provides an extension—until March 2, 2020—for health insurance insurers, self-insuring employers, other providers of minimum essential coverage and applicable large employers to provide Form 1095-B, Health Coverage, and Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to individuals for 2019. The original due date was January 31, 2020.
The IRS has over the past several years issued notices that extend the deadline for providing health coverage information to employees and individuals. Read TaxNewsFlash
Today’s notice does not extend the due date for filing with the IRS the 2019 Forms 1094-B, 1095-B, 1094-C, or 1095-C—that due date remains February 28, 2020, if not filing electronically, or March 31, 2020, if filing electronically.
Notice 2019-63 also extends good-faith transition relief from section 6721 and 6722 penalties to the 2019 information-reporting requirements under sections 6055 and 6056.
Lastly, Notice 2019-63 states that the IRS and Treasury Department will continue to evaluate whether an extension of the due date for furnishing statements to individuals under section 6056 and an extension of good-faith reporting relief under section 6056 will be necessary for future years. Comments are requested about this initiative.
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