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Sick Leave Wages

Level 2

Where are sick leave wages entered on the Form 1040?

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Level 15

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-employe...

"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

 

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Level 15

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

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Level 2

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. 

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Level 15

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-employe...

"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

 

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Level 2
Spoiler
Thank you very much?
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Level 15

"Thank you very much?"

Did you have another question?

As those articles explain if your client also self-employed, they will need this info for their tax return allocations.

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