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Third Party Sick Pay W2

Third party sick pay reported in box 12 with code j is not taxable. Third party sick pay is often subject to taxation. Everything You Need To Know About Your W 2 Form Gobankingrates You ll receive a w 2 with taxable wages in box 1 and include this w 2 in your return. Third party sick pay w2 . B…

Third Party Sick Pay

Third party sick pay is reported on form 8922 third party sick pay recap if the liability for the employer s portion of fica taxes has been transferred between the employer and the employer s third party. Sick pay includes both short term and long term benefits often expressed as a percentage of t…