How much is the PCORI Fee for 2024?
For each year, the PCORI fee may
change, so it is always advised to check the current fee before paying it. The
current year is from October 1, 2023, to September 30, 2024. For plans or policy years that fall within
this period, the PCORI fee needs to be paid. The PCORI fee for 2024 is $3.22
per covered life.
PCORI due date:
When filing, it's
important to remember the PCORI due dates. The
PCORI fees must be paid by July 31, 2024. The fee must be paid on time, or you
will incur a PCORI
penalty.
How can you complete PCORI filing through us?
There are 2 options provided by the IRS for
paying the PCORI fee.
Manual filing, and Online filing.
Though you might be comfortable with manual
filing, it's time-consuming and encounters errors. If the fees is not paid, you
might get a letter from the IRS.
Please refer to the below blog link for the
easy Steps to File Your PCORI Fee Online
in a few minutes.
https://www.simple720.com/blog/how-to-file-pcori-online
Conclusion:
The IRS recommends online filing over manual filing. Complete your PCORI fee filing online and experience the convenience.
Have a stress-free PCORI filing year!