Now Required: Rhode Island State ACA Filing

Rhode Island State ACA Filing Required for Tax Year 2020

Rhode Island has announced that state filing is now required for ACA forms for Tax Year 2020. We know that new requirements can be tricky, so let BoomTax help you with your state and federal filing!

We have also compiled a list of the most commonly asked Q&A’s you need to know to be ready for January:

Do I need to e-file my ACA forms with Rhode Island?

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.

What about out of state filers?

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 ACA forms in Rhode Island?

The state reporting deadline is January 31, but for TY2020 only, the RI Division of Taxation will extend the reporting deadlines to March 2, 2021 for furnishing recipient copies and March 31, 2021 for e-filing.

How do I ensure that I am compliant with Rhode Island ACA state filing?

Good news! BoomTax has a one click e-file process where we will handle state filing for you. It’s totally hands off, so click below to get started and see how easy ACA filing can be!

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:

http://www.tax.ri.gov/healthcoveragemandate/index.php

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