Report Sick Pay Benefits on Form 8922, IRS Tells Third-Party Providers, Employers

Employers and third parties that provide sick pay to employees on behalf of employers now must report benefits to the Internal Revenue Service on Form 8922, the IRS said.

The form must be used for filing “third-party sick pay recaps” to reconcile the reporting of sick pay paid by a third party—often an insurance company—in situations in which the liability for the Federal Insurance Contributions Act (FICA) taxes on the benefit is split between the employer and the third party, the IRS said Jan. 14 in Notice 2015-6.

The new reporting requirement is for sick pay provided by third parties ...