Employees May Have Little Say in Trump’s Payroll Tax Deferral (1)

Sept. 1, 2020, 6:54 PM UTCUpdated: Sept. 1, 2020, 9:30 PM UTC

Recent guidance on President Donald Trump’s payroll tax deferral is silent on what say—if any—employees have in deciding whether they will opt in or out of it.

The IRS last week released guidance on the deferral, which went into effect Tuesday. The agency answered basic questions but avoided certain topics, including the role employees would play in determining whether their companies will temporarily pause collection of a tax normally taken from their paychecks to fund Social Security.

The lack of clarity could mean that the individuals who are most affected by the policy will have little control over ...

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