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November 25, 2023
Question

Where to find W3 IRS Medicare and Social Security Wage Discrepancy?

  • November 25, 2023
  • 1 reply
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Received letter from SSA regarding discrepancy in Social Security Wages and Medicare Wages in W3 and 940? Where to look?

1 reply

November 25, 2023

Hello there, kennson2001.

 

Let me help you find out the tax discrepancies in QuickBooks Online Payroll.

 

To identify the tax discrepancies, you can run a payroll summary report that gives you the total payroll wages, taxes, deductions, and contributions.

Here's how:
 

  1. Go to Reports, then Standard.
  2. Scroll down to the Payroll section, then choose Payroll Summary. You can also enter the report name in the search field to find it.
  3. Set a date range, then select Apply.
  4. If you want to include or hide a specific detail in this report, click on Customize then Run report.

 

I've added this article for more details and to learn how to create a payroll summary report by employees: Create a payroll summary report in QuickBooks.

 

Once you figure out where the issue is coming from, I recommend reaching out to our Payroll Team to help you fix the wage and the tax amount discrepancy.

 

You can also use this resource to complete this year's payroll and plan for the next: Year-end checklist for QuickBooks Online Payroll.

 

I'll be around if you still have questions or other payroll-related concerns. Have a great day ahead!