![]() If an employee has self-employment income in addition to wages paid by the State of California, and they intend to claim any qualified sick leave or qualified family leave equivalent credits, they must report the qualified sick leave or qualified family leave wages on Form 7202, Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals, included with their income tax return and reduce (but not below zero) any qualified sick leave or qualified family leave equivalent credits by the amount of these qualified leave wages. Specifically, up to two types of paid qualified sick leave wages or qualified family leave wages are reported in Box 14: Included in box 14, if applicable, are amounts paid as qualified sick leave wages or qualified family leave wages under the Families First Coronavirus Response Act. ![]() INFORMATION FOR FFCRA AND/OR EFMLA REPORTED IN BOX 14 The required reporting is on the 2020 Form W-2, Box 14and provides employees who are also self-employed with amounts they may need to figure their qualified sick leave equivalent or equivalent family leave equivalent credits under FFCRA when they file their taxes. The guidance requires employers to separately report the amount of emergency sick and emergency family leave paid to employees under FFCRA. The Internal Revenue Service issued guidance IRS Notice 2020-54 to employers on the required reporting of qualified sick leave and family leave wages paid under the FFCRA. The FFCRA’s paid leave provisions are effective April 1, 2020, and apply to leave taken between April 1, 2020, and December 31, 2020. ![]() Qualified Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA) Leave Payments Reporting in Box 14 of 2020 Form W-2Īction Required by Department: Share the following information with all departmental human resources (HR) office employees.ĭescription: Under the Families First Coronavirus Response Act (FFCRA), employers are required to provide paid leave for specified reasons related to the Coronavirus Disease 2019 (COVID-19) through two separate provisions: the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA). Home State and Local State Departments Human Resources Library and Resources Broadcast Email Archive January 28, 2021 ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |