For the 2022 tax year, the FPL Safe Harbor formula was: ($13,590 x 9.12%) / 12 = $103.28.
For the 2023 tax year, the FPL Safe Harbor formula was: ($14,580 x 8.39%) / 12 = $101.94.

For the 2024 tax year, the FPL Safe Harbor formula is: ($14,580 x 8.39%) / 12 = $101.94.

Date Updated:

These values are typically updated January of each year

Sources:

https://www.irs.gov/irb/2024-02_IRB

For 2022, the percentage was 9.61%.
For 2023, the percentage decreased to 9.12%.

For 2024, the percentage further decreased to 8.39%.

Date Updated: 

These percentages are typically updated annually, with the IRS announcing the indexing adjustment for the upcoming year. For example, the percentage for 2024 was announced in August 2023.

Sources:

https://www.irs.gov/affordable-care-act/employers/questions-and-answers-on-employer-shared-responsibility-provisions-under-the-affordable-care-act

For plan years that ended on or after October 1, 2021, and before October 1, 2022, the PCORI fee was $2.79 per covered life.
For plan years that ended on or after October 1, 2022, and before October 1, 2023, the PCORI fee was $3.00 per covered life.

For plan years that end on or after October 1, 2023, and before October 1, 2024, the PCORI fee is $3.22 per covered life.

Date Updated:

Updated rates are typically released in the spring of each year and are due by July 31.

Sources:

https://www.irs.gov/newsroom/patient-centered-outcomes-research-institute-fee

For 2022, the penalty under Section 4980H(a) was $2,700 and under Section 4980H(b) was $4,060.
For 2023, the penalty under Section 4980H(a) was $2,880 and under Section 4980H(b) was $4,320.

For 2024, the penalty under Section 4980H(a) increased to $2,970 and under Section 4980H(b) increased to $4,460.

Date Updated: 

The penalties under Section 4980H(a)-(b) are typically updated annually by the IRS. For example, the penalties for 2024 were announced in March 2023.

Sources: https://www.irs.gov/affordable-care-act/employers/questions-and-answers-on-employer-shared-responsibility-provisions-under-the-affordable-care-act

For calendar year 2024, Forms 1094 and 1095 are required to be filed by February 28, 2025, if filing on paper, or March 31, 2025, if filing electronically.

Date Updated:

Forms 1094 and 1095 are usually required to be filed by the end of February of the following year if filing on paper, or the end of March if filing electronically.

Sources: 

https://acatimes.com/ensuring-affordable-care-act-compliance-2024-reporting-deadlines/

Instructions for 2023 – https://www.irs.gov/instructions/i109495c