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Need advise from an Illinois employer using Quickbooks. How do I set up for Illinois Secure Choice in payroll items?

Forum|Forum|6 years ago
December 4, 2019
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QuickBooks Enterprise Suite

Best answer by GraceC

Hello there, @deb36.

You can set up Miscellaneous deduction as a payroll item for Illinois Secure Choice. Let me guide you how.

Go to Lists, then select the Payroll Item List.
Click the Payroll Item button, then select New.
Select EZ Setup and Next.
Select Other Deductions and Next.
Select Miscellaneous deduction under Deductions.
Click Next till finished.

For more reference, you can read this article: State retirement savings plan.

Also, I'd like to share this an article that provides complete information about Illinois state payroll tax regulations: Illinois Payroll Tax Compliance.

Please drop your comment below if you have any other concerns. Have a nice day!

G

GraceCAnswer

Hello there, @deb36.

You can set up Miscellaneous deduction as a payroll item for Illinois Secure Choice. Let me guide you how.

Go to Lists, then select the Payroll Item List.
Click the Payroll Item button, then select New.
Select EZ Setup and Next.
Select Other Deductions and Next.
Select Miscellaneous deduction under Deductions.
Click Next till finished.

For more reference, you can read this article: State retirement savings plan.

Also, I'd like to share this an article that provides complete information about Illinois state payroll tax regulations: Illinois Payroll Tax Compliance.

Please drop your comment below if you have any other concerns. Have a nice day!

A

AHS2

This deduction needs to happen before federal and state taxes, correct?

K

Kendra H

Good Evening, @AHS2.

Thank you for joining this thread. I'm happy to help with determining if the deduction needs to happen before the Federal and State taxes.

Yes, you are correct the deduction happens before the Federal and State taxes.

The Federal and State calculations are determined by deduction items included on each paycheck.

I'm going to also attach a link below with some further information about the calculations work as well.

QuickBooks Payroll Tax Calculations

If you have any more questions, I'm always a comment away. Have a great rest of your day!

Thank you!

I followed the instructions sent to me by illinois secure choice located at this link:

https://quickbooks.intuit.com/learn-support/en-us/other-payroll-additions-or-deductions/state-retirement-savings-plan-savers-program/00/370520#details_without_placeholder_tagscollapse0

When finished, the only report added was for Oregon. Did i do something wrong? I used the correct name for Illinois: ILLSAV

Anna S

Hi there, @WhobeItalian.

I suggest going through the steps provided by Illinois Secure Choice again to make sure you added the correct code to the deduction description field. If you followed the steps correctly, the report for Illinois would generate. However, if the report for Oregon keeps generating, I suggest checking to see if you've 25 employees or more with this deduction added to their checks. This will ensure you're qualified for the Secure Choice Retirement savings. You can also check out the FAQ page for more information.

Feel free to comment below if you have any other questions or concerns. I'm always here to help.

F

Flooring-123

I need advise for setting up Illinois Secure Choice in payroll items. Has anyone used the "Custom Setup" and, if so, could you provide detailed instructions? Thank you.

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