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L
Lindagig
November 14, 2022
Question

Can we use Quickbooks Payrolll for a non-qualified Deferred Compensation Plan

  • November 14, 2022
  • 1 reply
  • 0 views

Does Quickbooks Payroll support non-qualified Deferred Compensation Plans?  If so, how do I set it up in Quickbooks Payroll since I don't see this as an option under "supported retirement plans."

1 reply

JessT
JessT
November 15, 2022

Hi lindag1,

 

Non-qualified Deferred Compensation Plans are currently not supported in QBO Payroll. I recommend submitting feedback so our engineers can consider adding this option in future updates. Just click on the Gear icon and choose Feedback.

 

For your second question, we also can't provide a workaround because plans usually affect your payroll taxes, and workarounds or manual tracking can cause incorrect calculations of taxes.

 

On the other hand, we have helpful articles for QBO Payroll on the main support page should you need them in the future. Just scroll down a bill and click More Topics.

 

Feel free to reach back out if you have other questions with payroll. Take care and have a good one.

L
LindagigAuthor
November 15, 2022

Thank you.

JessT
JessT
November 15, 2022

It's been a pleasure helping you, lindagig1!

 

The Community team is always available for any other questions you may have. Good night!

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