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Level 3
February 14, 2021
Solved

Sick Leave Wages

  • February 14, 2021
  • 1 reply
  • 9 views

Where are sick leave wages entered on the Form 1040?

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Best answer by qbteachmt

I think this is what you are asking about:

They should already be part of the W2 boxes.

https://www.lockton.com/insights/post/irs-addresses-w-2-reporting-for-ffcra-sick-and-fmla-leave

And:

https://www.journalofaccountancy.com/news/2020/jul/report-coronavirus-paid-sick-family-leave-employees.html

"Employers will be required to report payments to employees either on box 14 of Form W-2, Wage and Tax Statement, or in a separate statement. The guidance provides employers with language to use on the Form W-2 or in the statement to employees.

Employers must separately state the total amount of qualified sick leave wages paid because the employee was quarantined or diagnosed with COVID-19, the total amount of qualified sick leave wages paid because the employee was caring for a sick individual or for a child (or for other similar reason), and the total amount of qualified family leave wages paid.

This reporting provides employees who are also self-employed with information necessary for properly claiming qualified sick leave equivalent or qualified family leave equivalent credits under the Families First Act."

https://www.irs.gov/pub/irs-drop/n-20-54.pdf

 

1 reply

qbteachmt
Level 15
February 14, 2021

Are you asking about W-2 wages? Or Schedule SE? Or, as the employer?

Don't yell at us; we're volunteers
Laurie6Author
Level 3
February 15, 2021

Client received a letter about sick wages received under FMLA that indicates a reporting requirement on F1040.  No separately designated wages reported on her W2. 

qbteachmt
qbteachmtAnswer
Level 15
February 15, 2021

I think this is what you are asking about:

They should already be part of the W2 boxes.

https://www.lockton.com/insights/post/irs-addresses-w-2-reporting-for-ffcra-sick-and-fmla-leave

And:

https://www.journalofaccountancy.com/news/2020/jul/report-coronavirus-paid-sick-family-leave-employees.html

"Employers will be required to report payments to employees either on box 14 of Form W-2, Wage and Tax Statement, or in a separate statement. The guidance provides employers with language to use on the Form W-2 or in the statement to employees.

Employers must separately state the total amount of qualified sick leave wages paid because the employee was quarantined or diagnosed with COVID-19, the total amount of qualified sick leave wages paid because the employee was caring for a sick individual or for a child (or for other similar reason), and the total amount of qualified family leave wages paid.

This reporting provides employees who are also self-employed with information necessary for properly claiming qualified sick leave equivalent or qualified family leave equivalent credits under the Families First Act."

https://www.irs.gov/pub/irs-drop/n-20-54.pdf

 

Don't yell at us; we're volunteers