N-2019-63: Transition Relief Related to Health Coverage Reporting Required by I.R.C. Sections 6055 and 6056 for 2019
Internal Revenue Service (IRS) sent this bulletin at 12/02/2019 10:05 AM EST
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Issue Number: N-2019-63Inside This IssueNotice 2019-63 extends the due dates for certain 2019 information reporting requirements for insurers, self-insuring employers, and certain other providers of minimum essential coverage under section 6055 and for applicable large employers under section 6056. Specifically, this notice extends the due date for furnishing to individuals the 2019 Form 1095-B, Health Coverage, and the 2019 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, from January 31, 2020, to March 2, 2020. Additionally, this notice provides that the Service will not impose a penalty under section 6722 against reporting entities for failing to furnish a Form 1095-B to responsible individuals if two conditions are met. This notice also extends transitional good-faith relief from section 6721 and 6722 penalties to the 2019 information reporting requirements under sections 6055 and 6056. It will appear in IRB 2019-51 dated Dec. 16, 2019. Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. |