, the IRS issued Notice 2016-70
, which delays the deadlines for employers and health insurers to distribute Forms 1095-C and 1095-B to applicable employees.
With the delay, employee statements must be distributed by March 2, 2017 (previously January 31). The deadlines for IRS transmittals (Forms 1094-C and 1094-B) were not delayed. Forms 1094-C and 1094-B must be submitted to the IRS by February 28 if in hardcopy and March 31 if in electronic format via AIR. As with last year’s reporting, copies of all 1095-Cs and 1095-Bs distributed to employees are included with the IRS submissions.