Rhode Island ACA filing is now required for ACA forms for Tax Year 2022. We know that new requirements can be tricky, so we’ve created this guide to simplify things!
On Oct 19 2022, the RI Division of Taxation (part of the RI Department of Revenue) released an advisory for taxpayers and tax professionals regarding ACA individual mandate filing deadlines. This updated the RI state filing deadlines.
Rhode Island ACA Filing Requirements
If you are an employer of a Rhode Island resident, or if you provide Minimum Essential Coverage to a Rhode Island resident, you must report your ACA data.
Out-of-State employers who employ Rhode Island residents have the same filing requirements as in-State businesses. These requirements are not limited to businesses that withhold Rhode Island payroll taxes. If you are an out-of-State employer, you must ensure that RI receives any required 1095 document for each Rhode Island resident you employ. Insurers, government agencies, multi-employer plans, and all others responsible for reporting Minimum Essential Coverage to Rhode Island residents also must file the required information with the state.
What are the deadlines for Rhode Island ACA filings?
Traditionally, the deadlines for Rhode Island ACA filings are as follows:
- The deadline to furnish forms to recipients is March 31st.
- The deadline to file your Rhode Island ACA forms is March 31st.
Please note: If you are an employer, and if your insurer completes the reporting requirement listed, then there are no further reporting requirements expected of you.
Find more information about the RI state ACA filing program here:
Rhode Island Health Insurance Mandate
Employers must keep these ACA state requirements in mind when completing their filings. It’s imperative that employers ensure that these state requirements and federal requirements are met prior to each applicable deadline.
Once you have submitted your ACA filings federally and to the applicable states, have received an “accepted” status, and have furnished employee copies, then it sounds like you have fulfilled all of your ACA requirements.
If you’re looking for more information on ACA Summary Forms 1094-B and 1094-B to determine which type you need to file, download our Understanding ACA Summary Forms Guide here:
BoomTax, The Boom Post, and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors prior to engaging in any transaction.