Update on ACA Tax Forms (1095-B and 1095-C)

Wed, 08 Feb 2017 14:57:38 -0500
benefits, health, human, insurance, resources

We were notified by the State of Maryland that the IRS extended the deadline in which 1095 Tax forms can be mailed to employees to March 2, 2017.

IRS Issued the following F&Q's found in the link below regarding the 1095 B & C tax forms for the 2016 Tax Filing:

When will I receive these health care tax forms?
The deadline for insurers, other coverage providers and certain employers to provide Forms 1095-B and 1095-C has been extended to March 2, 2017.

Must I wait to file until I receive these forms?
Some taxpayers may not receive a Form 1095-B or Form 1095-C by the time they are ready to file their 2016 tax return. While the information on these forms may assist in preparing a return, they are not required. Individual taxpayers should not wait for these forms and file their returns as they normally would.

.... It is not necessary to wait for Forms 1095-B or 1095-C in order to file. Like last year, taxpayers can prepare and file their returns using other information about their health insurance. You should not attach any of these forms to your tax return.
To view the Full IRS Q&A please visit the IRS Website. If you have questions, please contact the State Benefits Division at 410-767-4775 or UMBC HR Benefits at hrbenefits@umbc.edu. We will post updates as we receive them.

Thank you in advance!