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Get IRS Instruction 943 2020

He instructions for line 14g for more information. The credit for qualified sick and family leave wages (reported on lines 12b and 14d) and the employee retention credit (reported on lines 12c and 14e) are figured on Worksheet 1. Social security and Medicare tax for 2020. The rate of social security tax on taxable wages, except for qualified sick leave wages and qualified family leave wages, is 6.2% (0.062) each for the employer and employee or 12.4% (0.124) for both. Qualified sick leave wa.

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