Woodstock Accounting Firm 770-591-8505

Employee Paid Family Leave Payroll Tax Credit

For paid family leave time.

  • Employee receives no more than 10 weeks of paid family leave at no less than 2/3rds of the employee’s pay for normally scheduled hours, and
  • Employer receives a 100% payroll tax credit for qualified family leave wages, but the credit may not exceed $200 for any day (or any portion thereof) for which you pay the individual family leave time, for an aggregate maximum of $10,000 per employee.  This is reconciled on the Form 941.