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Deferred Payment of the Employee’s Share of Social Security Taxes for 2020

Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States

On August 8, 2020, the President issued a presidential memorandum directing the Secretary of the Treasury to defer the withholding, deposit and payment of certain payroll tax obligations.

For wages paid during the period beginning on September 30, 2020 and ending on December 31, 2020, if an employee’s wages were less than $4,000 in any bi-weekly pay period (or the equivalent threshold amount for other pay period intervals), the due date for withholding and payment of the employee’s share of social security or Tier 1 railroad retirement taxes (RRTA) on applicable wages was postponed until the period beginning January 1, 2021 and ending on December 31, 2021.

If the employer did not fully pay taxes that were deferred by December 31, 2021, applicable interest, penalties in addition to tax began to accrue on the unpaid amounts on January 1, 2022.

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▸Contents — Internal Revenue Manual Part 3. Submission Processing
Internal Revenue Manual Part 3. Submission Processing

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