The IRS Releases Final Version of 2023 ACA Form 1095-B and 1095-C

The IRS Issued a Final Version of 2024 ACA Forms 1095-B and 1095-C

- Updated October 05, 2023 - 8.00 AM by Admin, ACAwise

The IRS issued a Final Form 1095-B/1095-C for 2024 ACA reporting.

Like every year, this year also the IRS has updated its ACA forms to improve the reporting of employees' health coverage information.

So, before initiating the process of your ACA Reporting for 2024, you must be aware of the changes in the Form and the deadline.

2024 ACA Reporting Deadline

The ACA reporting deadline for the 2023 tax year are as follows:

ACA reporting Requirements Deadline
Recipient Copy Distribution March 01, 2024.
Paper Filing Deadline February 28, 2024.
E-filing Deadline April 01, 2024.

What's new in 2023 ACA 1095-B/C?

From the final version of 1095-C and Form 1095-B, it is clear that there is no addition of codes or changes for 2024 ACA reporting.

New E-filing Requirements for 1095-B/C Forms

The electronic-filing threshold for information returns has been decreased to 10 for 2023 tax year. If your business has 10 or more returns, then you need to e-file your ACA forms with the IRS. This means even the smallest businesses will need to e-file.

ICHRA Affordability:

  • Based on the federal poverty line percentage, the IRS has set the ICHRA affordability percentage for the 2023 tax year as 9.12%.


  • Under Section 4980H(a) - the penalty rate is $2,880 for the tax year 2023
  • Under Section 4980H(b) - the penalty rate is $4,320 for the tax year 2023
  • Learn more about ACA Penalties.

Choose ACAwise to Simplify your ACA Reporting in 2024

If you’re looking to comply with the 2024 ACA reporting requirements, contact our ACAwise experts. We have years of experience in handling the ACA Reporting process accurately and securely.

We offer customized services based on your reporting needs to maintain IRS and State compliance. We also offer a solution for TIN Matching, printing, and mailing your recipient copies as well.

Know more about our services.

A Quick Guide for Employers

ACAwise has created a Free guide to help applicable large employers to know 2024 ACA Reporting Requirements
and ACA Codes better.

ACA Reporting Requirements for 2024

ACA Code Cheatsheet for 2024

Let us take care of your ACA Reporting!

We file your 1094/1095 Forms with the IRS and postal mail the copies to employees before the deadline.