Update - US Dept. of Labor Information posted for HR 6201

The US Department of Labor has posted information concerning the paid sick leave and expanded family and medical leave as a result of HR. 6201. Below are links to the complete Questions and Answers section as well as a link for other resources posted.

https://www.dol.gov/agencies/whd/pandemic/ffcra-questions

https://www.dol.gov/agencies/whd/pandemic

Parents
  • I added the new earnings codes and tax codes that were provided to my HRMS. The SSI tax code is not set to calculate for the employer but the FMED one is. Is this correct?

     

  • in reply to Unisonbank

    For the employee under the emergency sick leave or family medical leave payments, there are no changes.  For the employer, these payments are not considered wages for purposes of the employer portion of social security.  In regards to Medicare, the employer will receive an allowance for the credit of the employer portion for Medicare taxes.  You may want to review Sec 7005, Special rule related to tax on employers.

Reply
  • in reply to Unisonbank

    For the employee under the emergency sick leave or family medical leave payments, there are no changes.  For the employer, these payments are not considered wages for purposes of the employer portion of social security.  In regards to Medicare, the employer will receive an allowance for the credit of the employer portion for Medicare taxes.  You may want to review Sec 7005, Special rule related to tax on employers.

Children