Covid Paic sick leave and W-2 Box 14

Hello there, MJLB.

Let me share some idea about the implementation of the COVID paid leave will be implemented in W-2's Box 14.

It's a good thing to get some details earlier as to when the COVID paid leave will be populated in W-2's box 14. However, we're still working to meet the IRS requirement to implement it soonest. For now, I cannot tell when the payroll update includes the COVID paid leave in W-2's Box 14.

You may want to check these articles that are related o your concern:
 

• Get the latest payroll tax table update.
• W2 form boxes explained.

I see how important it is, and we appreciate your patience while QuickBooks is working on it. Post again if you have other concerns. Take care and stay safe.

For  QuickBooks Desktop Enterprise 21.0, will QuickBooks be updating 2020 W-2s to correctly report box 14 as Covid Paid Sick Leave?

Yes, @mj_lemire

QuickBooks will update the 2020 W-2 box 14 in compliance with the IRS. As of now, we don’t have a specific time frame as to when this will be available. Rest assured our product team is diligently working with the IRS to get this implemented as soon as possible.

In the meantime, you’ll want to ensure your payroll tax table is up to date. This way, your QuickBooks Desktop (QBDT) software is equipped with the latest payroll features. Let me show you how:

1. Go to the Employees menu
2. Select Get Payroll Updates.
3. Click the Download Entire Update checkbox.
4. Then select Download Latest Update.

You can also refer to this article for more details: Get the latest payroll tax table update.

Let me also share these links that you can read to learn more about W-2s and how to file and print it:

• W2 form boxes explained
• How to print W-2s forms
• E-file Federal W-2 Forms

In case you have any other concerns about W-2s in QBDT, you’re always welcome to get back to me in this thread. I’d be more than happy to help you. Take care, and always stay safe.

Has this been solved yet.  We printed W-2's today and the Box 14 put QSL EE and there is no explanation.  Are we going to have to do our own statement.

Hello @Robby1235,

Our payroll team are still working in compliance with the IRS regarding with the updates about your employee's W2 forms. As mentioned by my colleague above, we're unable to provide the specific turn around time.

With this, consider manually filling in the information of the required box for all your employees' W2 forms. Learn more about how your is generated with this article: How QuickBooks Desktop and Online payroll populates the boxes on the IRS Form W-2?

Aside from keeping your payroll tax table up-to-date, I've got you this helpful article for guidance in preparation for the 2020 tax season: QuickBooks Desktop Payroll Year-end Checklist.

If you have any other questions, please let me know in the comments below. I'll be here to lend a helping hand.

I called and the support said a new update would be out maybe by the 8th that would address this issue.  So I need to edit the form in pdf editor?  This will keep me from filing online and using the view my paycheck.   Any thoughts? 

New update the 8th of what month?  I can't tell which month you mean.