![]() How does an Eligible Employer determine the amounts of the qualified sick leave wages it pays under the EPSLA? (Updated January 28, 2021) #$200 social security increase in 2021 how to#How much credit may an Eligible Employer receive for qualified sick leave wages that it pays?Īn Eligible Employer may claim a fully refundable tax credit equal to 100 percent of the qualified sick leave wages (and allocable qualified health plan expenses and the Eligible Employer’s share of Medicare tax on the qualified sick leave wages) it pays.įor more information about how to determine the amount of sick leave wages for which an Eligible Employer may receive credit, see "How does an Eligible Employer determine the amounts of the qualified sick leave wages it pays under the EPSLA?" 22. Note: The FFCRA exempts qualified sick leave wages from the Eligible Employer’s share of Social Security tax. Qualified sick leave wages for purposes of the credit are calculated without regard to federal taxes imposed on or withheld from the wages, including the employee's share of social security taxes, the employee's and employer's shares of Medicare tax, and federal income taxes required to be withheld. ![]() ![]() Do “qualified sick leave wages” include taxes imposed on or withheld from the wages? (Updated January 28, 2021)
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