Hi there, jmv72200.
I'm here with some insight to provide regarding your question about the Social Security tax and W-2 form.
While I'm by no means an accounting professional, but I would highly recommend that you correct that now rather than doing it later. This way, you'll be sure to file it in a timely manner with the right details, instead of having to worry about filing a W-2C.
That said, It seems like you have a grasp on how to make the adjustments, but just in case let me include our detailed guide: Adjust payroll liabilities
As always, if you'll need further assistance with the adjustment, you can reach out to our Desktop Payroll Team. They have the resources to do screen-sharing in a secure environment and walk you through the step-by-step process.
Here's how you can reach them:
- Click the link to head to the Official Intuit Contact page.
- Select Basic, Standard & Enhanced.
- Click Payroll, then View Contact Info.
Keep in touch if there's anything else I can do for you, I want to make sure you're taken care of. Thanks for reaching out, wishing you and your business all the success.