The Internal Revenue Service (IRS) recently released Notice 2014-56, which provides the adjusted applicable dollar amount for the third filing of the PCOR fee. The adjusted dollar amount for plan years beginning November 1, 2013 through October 1, 2014 is $2.08.
For self-insured plans and HRAs, the PCOR fee is due by July 31st of the calendar year following the end of the applicable plan year. It is paid on the 2nd quarter Form 720 filing. The next payment and filing deadline is July 31, 2015. View the full schedule and payment filing dates.
If you have any questions or need further information, contact USI.