Wiki source code of COVID W-2 Reporting
Version 4.1 by jackb on 2023/11/01 13:19
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| author | version | line-number | content |
|---|---|---|---|
| 1 | ====== **Guidance on Reporting Qualified Sick Leave Wages and Qualified Family Leave Wages Paid Pursuant to the Families First Coronavirus Response Act in accordance with the [[//IRS Notice 2020-54//>>url:https://www.irs.gov/pub/irs-drop/n-20-54.pdf]]** ====== | ||
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| 3 | ====== In addition to including qualified sick and family leave wages in the amount of wages paid to the employee reported in **Boxes 1, 3 (up to the social security wage base), and 5 of Form W-2**, employers must report to the employee the wages that were paid, with each amount separately reported either in Box 14 of Form W-2 or on a separate statement. ====== | ||
| 4 | |||
| 5 | ====== Aatrix has added 3 separate **Box 14** items to follow these guidelines and they are described below: ====== | ||
| 6 | |||
| 7 | 1. ((( | ||
| 8 | ====== **511EPSLA** - Qualified Sick Leave Wages up to $511 per day ====== | ||
| 9 | ))) | ||
| 10 | 1. ((( | ||
| 11 | ====== **200EPSLA** - Qualified Sick Leave Wages up to $200 per day ====== | ||
| 12 | ))) | ||
| 13 | 1. ((( | ||
| 14 | ====== **EFMLEA** - Qualified Family Leave Wages ====== | ||
| 15 | ))) | ||
| 16 | |||
| 17 | [[image:https://www.aatrix.com/files/7716/0805/8764/COVID_Box_14.png||alt="COVID Box 14.png" height="281" width="594"]] | ||
| 18 | |||
| 19 | ---- | ||
| 20 | |||
| 21 | == Related Pages: == | ||
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| 23 | |||
| 24 | === [[eFile or Print Incomplete>>doc:Windows.U\.S\..Year-end, W-210951099 Questions ». Processing and Form Introduction.eFile or Print Incomplete.WebHome]] === | ||
| 25 | |||
| 26 | Learn how to eFile or Print additional forms. | ||
| 27 | |||
| 28 | |||
| 29 | === [[Importing a CSV File>>doc:Windows.U\.S\..Affordable Care Act (ACA) ».Processing and Form Introduction.Importing a CSF File.WebHome]] === | ||
| 30 | |||
| 31 | Learn about importing a CSV into the ACA Preparer. | ||
| 32 | |||
| 33 | |||
| 34 | === [[W-2 eFiling Process>>doc:Windows.U\.S\..Year-end, W-210951099 Questions ». Processing and Form Introduction.W-2 eFiling Process .WebHome]] === | ||
| 35 | |||
| 36 | Learn more about the W-2 e-Filing Process with the Aatrix W-2 Preparer. | ||
| 37 | |||
| 38 | |||
| 39 | === [[1099 eFiling Process>>doc:Windows.U\.S\..Year-end, W-210951099 Questions ». Processing and Form Introduction.1099 eFiling Process.WebHome]] === | ||
| 40 | |||
| 41 | Learn more about the 1099 e-Filing Process with the Aatrix 1099 Preparer. | ||
| 42 | |||
| 43 | |||
| 44 | === [[Amount Due on State Reconciliation Returns>>doc:Windows.U\.S\..Year-end, W-210951099 Questions ». Processing and Form Introduction.Amount Due on State Reconciliation Returns.WebHome]] === | ||
| 45 | |||
| 46 | Learn about amounts due during the W-2 and 1099 process on state reconciliation returns. |