rbynaker
Level 13

@qbteachmt wrote:

Which can be done along with 1040X amendments required once the Corrected 2020 W2 is issued after the 2021 collection of the deferred Social Security amounts:

https://www.irs.gov/forms-pubs/form-w-2-reporting-of-employee-social-security-tax-deferred-under-not...

If the employer succeeds is collecting what is owed, of course.


M,

Thanks for the reminder, I'd forgotten about this fiasco.  Didn't the new law stretch this out through 12/31/21?  So then next January every FedGov employee is going to get a 2020 W-2c?

Ugh.  I've been tinkering with my organizer template this week, I may need to go back and add a question for this.  If I'm lucky 5-10% of my clients might be savvy enough to understand it and answer correctly.

Rick