Salary Deferral Help

I'm here to guide you in correcting employee's tax tracking in QuickBooks,  

DiazBkpng13.

When you use a payroll item with the wrong Tax Tracking Type, You need to edit the Tax tracking type and change the set-up to pre-tax.

Here's the best way to edit your items:

1. Go to Lists, then select Payroll Item List.
2. Double-click the incorrect payroll item set-up.
3. Edit the Payroll item, proceed to Tax tracking, and modify it to pre-tax.
4. Once done, click Next, choose a Calculate option based on quantity, and verify all the information.
5. When you receive a message to update the transaction, confirm it and click the Finish button.

Meanwhile, if last year's transaction is also affected, you need to run a payroll check-up and edit the PC date to correct the set-up of your payroll items.

Here's how:

1. First, change the PC date to 12/31/23.
2. Create and save a backup of your company file. 
3. Go to Employees, then My Payroll Service.
4. Select Run Payroll Checkup. 
5. Select Data Review. Correct any errors before proceeding to the next step. Fixing errors is necessary to move forward.
6. In the Review section of your payroll data window, choose No to let the Payroll Checkup generate wage-based discrepancy adjustments.
7. Select Continue, then Finish.

In addition, I've included some helpful articles to help you to process filing your taxes and forms.

• Set up state e-file and e-pay in QuickBooks Desktop
• E-file and e-pay federal forms and taxes in QuickBooks Desktop

Please let us know if you have any further questions regarding payroll corrections. We're always available to assist you. Have a great day.