Compliance Alerts

Sections 6055/6056 individual statements


March 2, 2020


Employers that are ALEs and sponsor self-insured health plans


Code Sections 6055 and 6056 require ALEs that sponsor self-insured health plans to report information about the coverage to covered employees each year, using IRS Form 1095-C. In general, these forms must be provided on or before Jan. 31; however, the IRS extended the deadline for furnishing 2018 employee statements, from Jan. 31, 2020, to March 2, 2020. Penalty Relief: The penalty relief described above applies to the requirement to furnish the Form 1095-C to any non-full-time employees enrolled in an ALE’s self-insured health plan (subject to the requirements of the penalty relief described above).