ACA Reporting – IRS releases final forms for 2023

The IRS just released the Final Forms and Instructions for the 2023 filing year. No major substantive changes were made to the forms or instructions for the 2023 reporting. However, a major change will be in effect beginning January 1st, 2024, which reduces the threshold for electronic filing to 10 or more forms (previously 250 or more forms). This new change will essentially force the majority of employers to electronically file in 2024.

Employers should become familiar with the new forms and instructions and make sure they have a solution in place for electronic filing beginning January 1st, 2024.

FormDelivered ToDeadline
1094-B, 1094-C IRS2/28/24 (mail) 

4/01/24 (electronic) 
1095-B, 1095-CEmployee3/01/24 
1095-B, 1095-CIRS2/28/24 (mail) 

4/01/24 (electronic)