The IRS extended the 2017 reporting deadlines and good-faith effort relief to help taxpayers avoid penalties for incorrect or incomplete information.
On November 18, 2016, the IRS issued Notice 2016-70 extending the deadline for providing individuals Form 1095-B and 1095-C. The notice provides similar good-faith effort relief for 2016 as was available for 2015.
| Reporting Requirement | 2017 Deadline |
| Providing individuals Form 1095-B and/or 1095-C | March 2 |
| Filing Forms 1094-B, 1095-B, 1094-C, and 1095-C in Paper Format to the IRS | February 28* |
| Filing Forms 1094-B, 1095-B, 1094-C, and 1095-C in Electronic Format to the IRS | March 31* |
* Notice 2016-70 did not extend the deadline for this requirement.
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The extension of the good-faith effort relief applies to taxpayers who report incorrect or incomplete information if they can adequately demonstrate to the IRS that a good-faith effort was made to comply. However, the good-faith effort relief is not guaranteed, and penalties may still apply.
The IRS has also stated that this relief does not apply for failure to timely provide or file a statement or return.