2023 W4

mjk25741 · ‎March 10, 2023

Hello,

I'm looking for assistance on how to record W4 information properly into employee's payroll taxes.

To get to this section you go to:

Employees, Payroll Info, Taxes, Federal

We have an employee that filed his W4 out as such:

Under Step 3 (Claim Dependents)

"Multiply the number of qualifying children under age 16 by $2,000" - He wrote $2,000

"Multiple the number of other dependents by $500" - He wrote $500 (wife)

"Add the amounts above and enter the total here" - He wrote $2,500 total

How does this translate to filling out the dependents section in QB?

Thank you!!!

BigRedConsulting · ‎March 10, 2023

RE: How does this translate to filling out the [number of] dependents section in QB?

In short, it doesn't.

Since you're entering a 2023 W-4, pick "2020 and Later" as the W-4 type and then you'll see fields that match the current W-4:

mjk25741 · ‎March 10, 2023

So under the section that says Claim Dependents, I would put $2,500?

mc66a · ‎July 24, 2023

I was wondering the same thing. is that where you would put the 2500?

Dtho03 · ‎November 14, 2023

I am wondering the same thing. Did anyone receive an answer for this?

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