PeterM
New Member

Get your taxes done using TurboTax

You would report the 20,000 on line 26, and your share of the payroll taxes on line 23. The employer and the employee both pay 7.65% of the gross wages. The employer's 7.65% does not include federal income tax. It does however, include medicare tax, and social security tax. You would also include the amount of federal and state unemployment taxes you pay on line 23.