Child Support paid by owner through third party payroll
How do I book the owner's payroll deductions for child support in QuickBooks?
Is this a payroll expense for him or a liability since he owns the company?
How do I book the owner's payroll deductions for child support in QuickBooks?
Is this a payroll expense for him or a liability since he owns the company?
Hi there, Rose H.
Thanks for joining the Community. I'm here to address your concern with recording a child support in QuickBooks.
If you want to show child support deductions on owner's W-2 Form, record them on the paycheck in QuickBooks Desktop. If you don't have a payroll subscription, you can set up payroll in a few easy steps.
Let me show you how:
As a reference, you can also check out this article for further guidance: Set up payroll without a subscription.
Note: For the owner's payroll, that would be an expense and at the same time, a liability for the business.
Then, follow the steps in this article to set up a payroll garnishment: Child Support.
Once done, you are now ready to create paychecks. Just go to Employees, choose Payroll Center, and select Start Unscheduled Payroll.
You can check out this article for the detailed steps: Create paychecks.
This should point you in the right direction. Please let me know if you have further questions. I'm always here to answer them. Have a wonderful day.
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