IRS Reporting under PPACA

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Please note, if viewing the 2022 recording below, there are no significant changes for filing in 2024. However, as a reminder, reporting entities that file at least 10 returns during the calendar year are required to file electronically.

The due date for furnishing 1095 Forms to employees, COBRA participants, and early retirees is March 3, 2025. The paper filing deadline is February 28, 2025, and the e-file deadline (for those with more than 10 full-time employees) is March 31, 2025.

The Safe Harbor Affordability threshold for 2024 is 8.39% and the cost share is $101.93. There have also been increases to adjusted penalty amounts. Please do not hesitate to call SchoolCare with any questions about your filings.

Background & Updates