IRS Extends Obamacare Reporting Deadlines (Corrected)

The Internal Revenue Service is giving employers one more month to prepare their annual health insurance coverage paperwork and won’t enforce certain penalties as part of its transition relief flowing from changes affecting the Affordable Care Act.

Notice 2019-63, issued Dec. 2, mimics prior filing extensions by the Trump administration, granting health-care providers until early March 2020 to send out tax-related Forms 1095-B and 1095-C. The documents, which participants must file with their tax returns to prove they met minimum essential coverage standards, became ceremonial once President Donald Trump’s signature tax cut nullified the requirement that all individuals have ...