What_if_an_employee_did_not_defer_Social_Security_in_2020_and_the_deferred_amount_is_forgiven_

What if an employee did not defer Social Security in 2020 and the deferred amount is forgiven?

In this situation, an employee paid Social Security tax during the deferral period (9/1/2020 to 12/31/2020). Your organization has sent the Social Security tax to the IRS, or your organization has not sent the Social Security tax to the IRS, or the IRS has refunded the Social Security tax to your organization. 

Caselle is monitoring this situation carefully. In the advent the payroll tax is forgiven, we will update this section with detailed instructions.

Refunding amount not deferred to employee

An employee did not defer Social Security during the deferral period (9/1/2020 to 12/31/2020). Find out the how much the employee paid in Social Security during the deferral period and then enter a gross-up check to pay out the Social Security paid during the deferral period to the employee.

Caselle is monitoring this situation carefully. In the advent the payroll tax is forgiven, we will update this section with detailed instructions.

Refunding amount deferred by employee

An employee deferred Social Security during the deferral period (9/1/2020 to 12/31/2020). No action is required.

 

 

 

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