Example:

The employer’s share of social security tax for the second quarter of 2020 was $24,000. The employer deposited $18,000 of the $24,000 during the second quarter and reported a deferred payment amount of $6,000 on Form 941, line 13b. In this situation, no payment is due by December 31, 2021 because the amount already paid exceeds the 50% due by that date. The remaining $6,000 must be paid in full by December 31, 2022.

Reminder notices with a payment voucher were issued to the taxpayer prior to the payment due dates.

Employers could have made deferred payments the same way as regular payments via EFTPS, check or money order.