My wife currently has an S corp, and I will be changing from a regular LLC to an S corp as well this year, so we will both need payroll capabilities (we both have single member LLCs). The product descriptions aren't very clear, so I'm wondering if I bought the QB desktop Pro with enhanced payroll, would that cover payroll for both companies, or would i have to buy an additional payroll subscription? The new prices are mind boggling so i'm praying the one the copy will cover it.
Hello there, matt24tdg.
I can help share some information about this.
It depends if you'll add a new EIN for the existing payroll subscription or not.
Each QuickBooks Desktop Payroll service has a limit on the number of companies you can add to a single subscription. With QuickBooks Desktop Payroll Basic, Standard, or Enhanced, you can add up to 3 EINs.
Here are the steps to add a company to your payroll subscription:
You can check these articles to learn more about the limitations in adding company to your payroll subscription:
Reach out to me again if you have additional questions about adding a company to your payroll subscription. I’m more than happy to answer them for you.
Thank you! My wife and I each run a separate business with different EINs, so if I'm understanding correctly we should each be able to run payroll for ourselves through the one payroll subscription, I was hoping that was the case.
Yes, you're right. For one payroll subscription, you and your wife will be able to run payroll.
I've got an article that you can read through about creating paychecks in QuickBooks Desktop: Create and run your payroll.
Additionally, the following resources are good references. These will provide you with more details about what things you can do with your current payroll subscription as well as other links for your payroll task:
If there's anything else you need, please let me know. I'll be around to keep helping.