can QB Simple Start use S-corporaton
Can Quickbooks Simple Start use S-Corp?
Can Quickbooks Simple Start use S-Corp?
Thanks for subscribing to QuickBooks Online, @Dean1e. I can give you an overview of the products that best suit using the S-Corporation.
S corporation medical insurance is a noncash fringe benefit provided to shareholders owning 2% or more of the corporation.
When we need to track S-corp's medical contribution, we also need to have a QuickBooks Online Payroll subscription.
Plus, once everything is fine, here's how to create your
S-corp medical insurance item:
I'm also adding this page for a good start with your S-crop payroll items: Track S-corp medical contributions. It also includes steps to create a fringe benefits paycheck.
Should you have other concerns with QuickBooks Online companies, let me know in the comment area. Have a nice day.
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