E-Delivery Checklist – Tax Year 2021

e delivery checklist

The IRS authorizes businesses to furnish electronic copies of certain tax forms, instead of a paper copy. There are many benefits to E-Delivery:

  • It can be more cost-effective than traditional form furnishing.
  • Immediate form delivery to recipients.
  • Physical mail can take longer to arrive and may not be deliverable due to address changes, etc.
  • Ability to meet last minute deadlines that physical mail copies cannot meet.

However, electronic form delivery isn’t as simple as just sending forms via email; there are extensive rules and requirements for it.

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Cutover Schedule for IRS AIR Production Released (TY2021)

aca cutover 2021

Today, the IRS announced the annual shutdown/cutover schedule for the AIR Production system used to prepare for the Tax Year 2021/Filing Season 2022. This shutdown will affect all transmissions, including corrections and replacements.

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UPDATE: Extension for ACA Recipient Copy Deadline | TY 2021

deadline

**Updated December 09, 2021**

The IRS has recently extended the deadline for providers of minimum essential coverage (MEC) to furnish ACA tax forms 1095-C and 1095-B to eligible individuals by March 2, 2022 for the tax year of 2021. The proposed regulation is to offer an extension to all ALE’s (applicable large employer) to furnish statements relating to health insurance that the employer offers to its full-time employees. If the due date falls on a weekend or legal holiday, then the due date is the following business day. No additional extension will be granted for these forms.

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Import Spreadsheet Format Guidelines for Tax Year 2021

Import spreadsheet format guidelines A Step-by-Step Guide

We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2  data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper. 

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