Use the Manage Deferred Tax Payments screen to view and manage any Social Security withholding that was deferred.

The screen allows you to specify the dates the Social Security was deferred and specify the date range in which the employee will need to pay the deferred withholding amount. The Create payroll records to repay deferred Social Security toolkit on the Payroll Toolkit screen will determine the payment amount by subtracting the amount already paid from the total amount deferred. The remaining balance will be split equally over the number of check dates remaining between the dates in the Payment Period Start Date and Payment Period End Date fields. You can also select the Apply Override Amount check box to override the calculated payment amount with the payment override amount per pay period.

In cases where the employee is not able to pay the deferred Social Security withholding, you can specify that the employer is responsible for the payments. This setting may be changed at any time during the payment period, but must be set before payroll is computed for the period in which you want the change to begin.

The application also displays the information for paychecks that were used to pay the deferred amounts.

You can populate this screen manually or use the Create Manage Deferred Tax Payment Records toolkit on the Payroll Toolkit screen after the last paycheck in 2020 is posted and before the first paycheck of 2021 is computed. The toolkit may also be used to update the Total Amount Deferred and Payment Period End Date at any time. The toolkit can also be used to update the Payment Period Start Date.

The Deferred Social Security Payment History table will be populated when a paycheck with an employee Social Security deferral payment or an employer Social Security deferral payment was processed in the Post Payroll application.

If you delete an employee's Deferred Social Security Payments record after records have already been added to the Deferred Social Security Payment History table, you can use the Create Manage Deferred Tax Payment Records toolkit on the Payroll Toolkit screen to regenerate the record and populate the subtask records.