Benefits & Executive Comp

IRS Issues Finalized 2021 Employer’s Supplemental Tax Guide

Feb. 19, 2021, 7:39 PM

The finalized version of the 2021 Publication 15-A, Employer’s Supplemental Tax Guide, was released Feb. 18 by the Internal Revenue Service.

The 27-page publication, which is dated Feb. 17, is essentially the same as the draft version that was released Dec. 10. However, an updated draft version that clarified the definition of qualified sick leave wages was released Feb. 11 by the IRS.

In finalized version of the 2021 Publication 15-A, as in the updated draft, the IRS said qualified sick leave wages are “wages for social security and Medicare tax purposes, determined without regard to the exclusions from...

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