What’s New in 2023 Regarding ACA Reporting

WHAT IS NEW IN 2023:

At this time, the only change to the forms is that Tax Year 2022 is now going to be Tax Year 2023.

Release Memo TY 2023 AIR (irs.gov)

Mail-in threshold: When filing the 2023 Tax Year forms the threshold has changed from 250 forms to 9.  10 or more forms, in aggregate of other IRS forms, requires that you file electronically.  This change effectively requires all school districts to submit their files electronically.   Make sure to apply for your TCC ASAP, see link below. It can take up to 45 days to complete.