ty2021 Archives

Cutover Schedule for IRS AIR Production Released (TY2021)

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.

The system shutdown for production will begin on December 5 at 5:00 pm EST. The start up date and time has yet to be released. An alert will be posted regarding this on the AIR System Operational Status Page.

During the AIR production cutover, the AIR Assurance Testing System (AATS) environment will remain open, except during the routine maintenance window each week.

If you are planning on submitting filings for TY2020 or prior, then these will need to processed prior to December 5, 2021.

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UPDATED: ACA Recipient Copy Deadline Extension for TY2021

**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.

In addition to the deadline extension of Form 1095-C, the form has now been modified with new codes; 1T and 1U for individual coverage that HRAs offered to the employee and spouse but not to dependents.
Continue reading UPDATED: ACA Recipient Copy Deadline Extension for TY2021

Import Spreadsheet Format Guidelines for Tax Year 2021

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.