RS Reminder: Annual 2020 Deferred Social Security Tax Payment Due December 31, 2022

Attention employers and self-employed individuals who chose to defer paying part of their 2020 social security tax liability! Your second annual installment is due December 31, 2022.

Employers and self-employed individuals were able to choose delaying paying their social security liability as part of the COVID relief provided during 2020. The payment for the first half was due at the end of 2021 and the remainder is due later this month.

Please click here to read more about what you need to do.

Source: Internal Revenue Service