Our company has a 414(h) retirement deduction. A percentage is deducted from the employees pay check. I need that Box 1, 3 and 5 on the W2 be reduced by the amount deducted and also I need it to show on Box 14 not Box 12. If I set it up as other it will not reduce my Box 1 on the W2.
However, if you find the error after you file your W-2s, you can create a W-2c and W-3c in QuickBooks and print them on perforated paper only (not pre-printed). You’ll need to file the W-2c and W-3c manually with the Social Security Administration.
Let me know if you have other queries in managing your taxes in QBDT. Anytime I can help. Take care!