Corduroy Frog Posted August 30, 2021 Report Posted August 30, 2021 I was told earlier this year that the COVID credit (on the 941) would be to cover employees missing work due to COVID plus the federal payroll taxes. All of this is subject to limits, but this discussion is meant to leave the limits out of our thought process. I've done a number of these things, and follow the 941 Worksheet. I can recover the amounts paid to employees who had COVID plus medicare. But I can't recover the FICA expense attached to the COVID pay if I follow the worksheet religiously. Can someone unravel this for me? Have I missed something on the worksheet? (There are more than one worksheet, but I have not dealt with the "Family Leave" worksheet) Does the credit cover FICA as well as Medicare? Quote
Corduroy Frog Posted August 31, 2021 Author Report Posted August 31, 2021 Thank you sir. Looks like my calculations were correct. Quote
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