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The IRS issued Notice 2021-53 which provides employer guidance about reporting of 2021 Families First Coronavirus Relief Act (FFCRA) leave wages.
Employers must report the qualified 2021 FFCRA leave wages to employees on either a 2021 Form W-2 or in a separate statement provided with the Form W-2. Only employers claiming tax credits for FFCRA must comply with the reporting requirements.
According to the notice, there are separate reporting requirements for leave provided from January 1, 2021, to March 31, 2021, and for leave provided from April 1, 2021, to September 30, 2021. The notice gives specific reporting instructions for leave wages that must be entered in Box 1, 3, or 5 of Form W-2. The guidance also provides model language employers may provide as part of Form W-2 or in a separate statement.
Download the bulletin for more details.
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