Where are sick leave wages entered on the Form 1040?
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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:
"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
Are you asking about W-2 wages? Or Schedule SE? Or, as the employer?
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.
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:
"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
"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.
Where do we enter this for self-employed?
"Where do we enter this for self-employed?"
This, which part? Did you click those links to read those articles?
I needed to find the screen in Lacerte but I got it - 38.4 for anyone following along.
That would be this Help article:
And note that this topic, with W2 info already reported, is the info used to Reduce the Form 7202 qualification, since a self-employed person who also got some sick leave through the employer, doesn't get the full amount for their self-employed entry.
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