SSA updates Form W-2c electronic filing specifications

 

The SSA has updated the electronic filing specifications for Forms W-2c. The changes are summarized below:

What’s new

The following HIRE Exempt Wages and Tips fields have been removed from the RCO Employee Wage Record and RCU Total Record and are now shown as filler:

• Originally Reported HIRE Exempt Wages and Tips, RCO Employee Wage Record (positions 189-199)

• Correct HIRE Exempt Wages and Tips, RCO Employee Wage Record (positions 200-210)

• Total Originally Reported HIRE Exempt Wages and Tips, RCU Total Record (positions 251- 265)

• Total Correct HIRE Exempt Wages and Tips, RCU Total Record (positions 266-280)

The following Advance Earned Income Credit fields have been removed from the RCW Employee Wage
Record and RCT Total Record and are now shown as filler:

Originally Reported Advance Earned Income Credit, RCW Employee Wage Record (positions 398-408)

• Correct Advance Earned Income Credit, RCW Employee Wage Record (positions 409-419)

• Total Originally Reported Advance Earned Income Credit, RCT Total Record (positions 221- 235)

• Total Correct Advance Earned Income Credit, RCT Total Record (positions 236-250)

Other changes

• Section 18.0 Appendix I: Maximum Wage and Tax Table has been modified to include tax year 2015 Social Security wage amount changes, including household wages.

• The Social Security Wage Base for tax year 2015 is $118,500.

• The employer and employee tax rate for Social Security will be withheld at 6.2 percent (up to $7,347.00).

• The 2015 Social Security and Medicare coverage threshold for Household employees is $1,900.

• The AccuWage 2015 application has been updated to include both AccuWage and AccuW2C in one application. The SSA recommends that wage submitters uninstall prior versions of AccuWage and AccuW2C before downloading the software for the current tax year.

• Some editorial changes and corrections for clarification have also been made. (Social Security Administration Publication No. 42-014, EFW2C Tax Year 2015.)

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