Pursuant to Treas. Reg. § 1.6055-1(g)(4)(ii)(B), Section 6056 requires each ALE to furnish to each full-time employee a statement containing the same information that is included in the annual information return required to be filed with the IRS. Pursuant to section 6056(c)(2), the statement must be furnished on or before January 31 of the year following the calendar year for which the return was required to be made. Treasury Regulation § 301.6056-1(g)(1) provides an automatic 30-day extension of time in which to furnish these statements.
Section 2 of the Act adds sections 6055(c)(3) and 6056(c)(3) to the Code, effective for statements with respect to returns required by sections 6055 and 6056 for calendar years after 2023. These provisions provide that a person required to make a return under section 6055(a) or section 6056(a) shall be treated as timely furnishing the written statements required under section 6055(c)(1) or section 6056(c)(1) if the person provides clear, conspicuous, and accessible notice (at such time and in such manner as the Secretary of the Treasury may provide) that any individual to whom a statement would otherwise be required to be furnished may request a copy of such statement and the copy is timely furnished. For this purpose, the statement is timely furnished if furnished to such individual not later than the later of January 31 of the year following the calendar year for which the return was required to be made or 30 days after the date of the request. Please note, an ALE may furnish the statement electronically pursuant to Treas. Reg. § 301.6056-2.
If you would like a copy of your Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, please contact Catherine Dixon via email at cdixon@muasd.org.