The IRS reminded employers and self-employed taxpayers that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on January 3, 2022. As part of the COVID relief, employers and self-employed people could choose to put off paying the employer’s share of their eligible Social Security tax liability, normally 6.2% of wages. Half of that deferral is now due on January 3, 2022, and the other half on January 3, 2023.
Most affected employers and self-employed individuals received reminder billing notices from the IRS. The agency noted, however, that those affected are still required to make the payment on time, even if they did not receive a bill. The payments can be made at: https://www.irs.gov/payments.