New 941 form for 2020 and COVID sick & leave pay
We set up new pay codes for COVID sick and COVID leave wages. I'm working on the updated 2nd Qtr 941 for 2020 and do not know how to calculate the taxable SS wages (lines 5a(i) and 5a(ii)) for the new COVID pay codes. The company share of SS is not owed for the COVID wages so how do I figure out what is taxable? Is there an updated report to run rather than R078500? Also, I did not change the exempt status of the COVID pay codes until the weekly paydate of 5/8/20. How do I figure taxable wages