It doesn't matter who is paying the employee's share of social security and medicare taxes, it still needs to be entered correctly on the W-2 form. This is because the W-2 will be filed with the social security administration and be used to credit the taxes paid to the employee's retirement account.
So, the social security tax will be 6.2% and the medicare tax will be 1.45% percent of the wages, not -0-.
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