Employers Must File New Third-Party Sick Pay Recap Form for 2014: Employment Law Manual Updated

Author: Rena Pirsos, XpertHR Legal Editor

For 2014 third-party sick pay recap reporting, employers must file new Form 8922, Third-Party Sick Pay Recap, with the Internal Revenue Service (IRS) by February 28, 2015 (or March 2, 2015 if filing electronically). Previously, third-party payers of sick pay (not employers) filed Forms W-2 and W-3 with the Social Security Administration for recap purposes. Although still in draft form, the IRS expects to release the final Form 8922 in December.

The Taxation of Employee Benefits section of the Employment Law Manual has been updated accordingly, and a new entry has been added to the Legal Timetable.