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Form 1095-C Filing Deadline for 2023 Tax Year

Updated on October 27, 2023 - 10:30 AM by Admin, TaxBandits

Nearing the end of the 2023 tax year, it's time for the employers to be aware of the ACA reporting requirements and its deadlines for 2024.

Under section 6056, every year the applicable large employers must file Form 1095-C with the IRS and furnish the copies to the employees before the deadline to avoid late filing penalties.

As a result, the IRS uses Form 1095-C to gather information from the employers about health coverage information offered to the employees.

The following topics are covered in this article:

1. When is the Deadline for filing Form 1095-C for 2024?

Every year, the IRS extends the reporting 1095-C deadlines for 2023 (especially the employee copy distribution deadline) for 1095-C form.

Form 1095-C Deadline for 2023 Tax Year

Recipient copy Paper filing E-filing
March 04, 2024 February 28, 2024 April 01, 2024

2. Form 1095-B/C State Filing Deadlines

Along with the IRS 1095-c E-filing, some States require employers to report the health coverage information to the State department before the deadline.

The States with Individual Mandates and their deadlines are mentioned below:

State Form to file Deadline
District of Columbia IRS Form 1094 & 1095-B/C April 30, 2024
New Jersey IRS Form 1094 & 1095-B/C April 01, 2024
Massachusetts Form MA-1099 HC January 31, 2024
California IRS Form 1094 & 1095-B/C April 01, 2024
Rhode Island IRS Form 1094 & 1095-B/C April 01, 2024

With TaxBandits, you can also e-file your ACA Form 1095 with the IRS and the required states before the deadline.

3. What are the penalties for late filing of Form 1095-C?

Under section 6056, applicable large employers must file IRS Form 1095-C with the IRS and furnish the copies to the employees before the deadline. Failure to file your Form 1095-C on time can result in penalties.

  • The penalty for failure to file and furnish a correct return is $310 for each return for which the failure occurs, with the total penalty for a calendar year not to exceed $3,783,000.

To avoid late filing penalties, follow these simple steps

  • File your 1095-C on or before the due date
  • Make sure of filing the correct information
  • Failing to file electronically when required. For example, Employers are mandated to report electronically if filing more than 10 Forms. In such a case, if you paper file, you will be penalized.

Learn More about Form 1095-C Penalties.

To avoid last-minute mistakes and late filing penalties, file your Form 1095-C electronically before the due date with TaxBandits today!

4. What are the changes to ACA Form 1095 for 2023 Tax Year?

Recently, the IRS has released the finalized version of ACA 1095 Forms for the 2023 tax year. There are no changes made to the existing form fields, ACA codes, and filing requirements.

However, there are a few changes made to the penalty amounts and the affordability percentage.

Click here to learn more about ACA Form 1095 changes for the 2023 tax year.

5. E-File Form 1095-C with TaxBandits

To help you e-file 1095-C with the IRS, TaxBandits is here!

TaxBandits is an IRS certified electronic filing service provider. Our Software will validate your return against the IRS business rules and basic validations.

This ensures that your forms will reach the IRS without errors, and the chance of rejection is significantly lower.

Check out our intuitive data inputting system to complete your e-filing today.

  • Manual data entry
  • Bulk upload

After your return is transmitted, we will notify you of the status of your return via email or you can check
from the Dashboard

Contact our Sister Product ACAwise Now, a Full Service Solution provider, who takes care of everything in ACA Reporting from Form generation, IRS and State E-Filing, to employee copy distribution on
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