IRS Issues Finalized 2020 Form 8922 for Third-Party Sick Pay

A finalized form for reporting third-party sick pay in 2020 was released Oct. 6 by the IRS.

Form 8922, Third-Party Sick Pay Recap, is to be filed by a third-party payer, and the employer if applicable, to report sick pay provided by the third party.

The form, which is to be filed by March 1, 2021, is to include the annual total amounts paid to qualified employees whose sick-pay wages were required to be reported on the form.

Guidance was added to the form’s instructions about sick pay that is subject to Social Security tax, which is reported in ...