The
PCORI Filing must be done by issuers of specified health insurance policies and
plan sponsors of applicable self-insured health plans. The PCORI Filing is done
with Form 720. Usually, Form 720 Excise tax is filed quarterly, but PCORI
filing is required yearly and is due by July 31st every year.
2 methods for filing PCORI:
We have 2 methods for filing the PCORI:
1. Manual – Directly send Form 720 filled with PCORI to the IRS.
2. Online – This is easy and time-saving, and can be done with the IRS-approved online portal www.simple720.com.
PCORI Mailing address:
When
you are filing manually, the form 720 PCORI
should be sent to the following mailing address as instructed by the IRS.
Department of the Treasury,
Internal Revenue Service,
Ogden, UT 84201-0009.
File PCORI online:
Manual filing is always time-consuming, whereas the IRS recommends the
online filing option for easy and quick filing. You can choose the IRS-approved
online PCORI portal Simple 720 for filing PCORI. With our ‘bulk upload’
feature, you can complete the filing in a few minutes.
Refer to our blog and complete your PCORI filing in a few minutes. https://www.simple720.com/blog/how-to-file-pcori-online
WRAP:
While
mailing the form to the IRS, there is a chance it could get lost in transit. We
suggest you try online filing once for you comfort and peace of mind.
Pay PCORI Fee with Simple 720