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Get your taxes done using TurboTax
@asct19 This is a parting state that my colleagues have suggested I pass on to you. Pursuant to § 31.6205-1(b), an employer that has underreported and underpaid FICA tax with respect to any payment of wages can correct the error as an interest-free 4 adjustment if the error is ascertained after the return reporting such tax has been filed. An error is ascertained when the employer has sufficient knowledge of the error to be able to correct it." https://www.irs.gov/pub/irs-drop/rr-09-39.pdf Please look at this link for more details.
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March 11, 2021
12:59 PM