IRS Finalizes Forms for 2022 ACA Reporting Under Sections 6055 and 6056
The IRS has released the Section 6055 and 6056 Reporting Forms for the 2022 calendar year. These forms are required for employers to fulfill their annual statutory obligations under the ACA.
The only major alteration to the previous form is the reminder that all ACA Section 6055/6056 Forms have an automatic 30-day extension for delivery to individual plan participants. This means that employers will now have until March 2, 2023 to furnish the forms and (unlike in previous years) no further individualized exceptions will be granted. Employers are still required to deliver forms to the IRS by February 28, 2023 (if filing physically) or March 31, 2023 (if filing electronically).
The IRS is also continuing its alternative delivery method for Section 6055 reporting during years where the ACA individual mandate penalty is 0. As a reminder, an employer may (in lieu of actual delivery) post a message stating that individuals are able to receive a copy of their Section 6055 statement upon request, if:
- The notice includes an email address or a physical address where the request may be sent; and
- The notice includes a telephone number for an individual to direct questions regarding their Section 6055 statement.