Adding a custom taxable fringe benefit to QB Online payroll

I have some information with custom fringe benefits. This will guide you with the process, JCL.

QuickBooks Online Payroll (QBOP) has several preset fringe benefits that you can choose from. For now, these are the only list of fringe benefits that QBO supports:

• S-corp medical
• Group Term Life Insurance (GTLI)
• Clergy housing
• Personal Use of Company Car (PUCC)
• Health Savings Account (HSA)
• Allowance

You'll want to use the most related fringe for your employees. Also, please make sure to associate the right fringe benefit when creating a paycheck before the end of the calendar year so it can be taxed and recorded appropriately in QuickBooks and reported on your employees’ W-2s.

Additionally, if you want to take a closer look at your business finances and employees, QuickBooks offers a variety of reports, so it shows up the right data. To know more, read this article for more details: Run Payroll Reports.

You can always post your reply if you have further questions about fringe benefits. Remember, the Community is always here to assist you 24/7.

There are other fringe benefits that our company provides and they do not at all fit these categories. How do we ensure these are reported correctly?

I'll share some insights about fringe benefits in QuickBooks Online Payroll (QBOP), rkmort103. 

Please know that the QBO Payroll doesn't support other fringe benefits. For now, these are the only supported lists in QuickBooks:
 

• S-corp medical
• Group Term Life Insurance (GTLI)
• Clergy housing
• Personal Use of Company Car (PUCC)
• Health Savings Account (HSA)
• Allowance

If you need to set up a fringe benefit in QBOP, I suggest contacting the IRS to obtain detailed information about the specific fringe benefits that closely align with the supported benefits in QuickBooks.

Moreover, I'm adding this article to understand how you report the total annual wages to your employees: Understanding W2 forms.

The Community is here to help if you have further questions about adding fringe benefits to paychecks. 

I have the same question.  When we had QB Desktop, we could add a Company Contribution Taxable that was a fringe benefit for a country club membership. Do we just enter this as an "other allowance"? We tried to add this as a contribution but it wouldn't let us customize it. 

I have the same question.  When we had QB Desktop, we could add a Company Contribution Taxable that was a fringe benefit for a country club membership. Do we just enter this as an "other allowance"? We tried to add this as a contribution but it wouldn't let us customize it. 

I'll share some information about adding custom fringe benefits in QuickBooks Online (QBO), Dell.

QBO Payroll offers several fringe benefits to choose from. One of them is for allowance. Therefore, you can add a pay item for your country club membership. Here's how:

1. Go to Payroll and choose Employees.
2. Select your employee. Then, click the Additional pay types dropdown. This is where you can add your tips, reimbursement, allowances, or fringe benefits.
3. Enter the rate for the pay type you added. You can also rename it by clicking Edit.
4. Hit Save.

Furthermore, you can check out this link to help you view the total payroll wages, taxes, deductions, and contributions: Create a payroll summary report in QuickBooks.

You can add a comment below if you have other questions about adding allowance or fringe benefits in QBO. Stay safe!