Social Security Tax Deferral | Receiving Deferrals as a Patriot Customer

Payroll Help

Your Payroll Software questions answered here

How Do I Receive Employer Social Security Tax Deferrals?

Background

The CARES Act allows employers to defer the deposit and payment of the employer’s portion of their Social Security taxes for payments that are due beginning March 27, 2020 through December 21, 2020.  The deferred Social Security tax payments are due December 31, 2021 (50% of the deferred amount) and December 31, 2022 (remaining amount). For more details, see the IRS page on this topic.

The Social Security tax deferral is not a payroll tax credit. Instead, it’s a benefit under the CARES Act offered in addition to the Employee Retention Credit and the FFCRA tax credit. See our blog article Coronavirus Payroll Tax Credits for more information.

How to Request Social Security Tax Deferrals in Patriot

Update as of 2021: You may no longer request Social Security Tax Deferrals in Patriot.

If you had opted in to the program through your Patriot account, we will collect and pay the deferred tax amounts when they are due.

Was this page helpful?

Get Started
Try it free

Sign up today for a free, no-obligation 30-day trial.

Try It Free for 30 Days
Get Started
Take a demo

Kick the tires with a free self-guided demo.

Take a Self-Guided Demo