EPY: COVID-19 IRS Guidance on Reporting Qualified Leave Wages
(Doc ID 2691798.1)
Last updated on DECEMBER 23, 2020
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 9 and later
Information in this document applies to any platform.
The IRS has issued guidance on reporting qualified sick leave and qualified family leave wages on the 2020 Form W-2 (Notice 2020-54):
The IRS advises to print the following or similar descriptions in Box 14 based on the type of payment:
- Sick leave wages subject to the $511 per day limit because of care you required
- Sick leave wages subject to the $200 per day limit because of care you provided to another
- Emergency family leave wages
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