Nice to have you in the Community space, @CCAS.
Yes, you got it correct. It is not in your liability. To know where QuickBooks put the federal amount, you’ll need to view the account associated with your payroll item to identify where the payment went. Let me guide you how:
- Go to the Lists menu.
- Select Payroll Item List.
- Locate and select your payroll item for your employer deferral of socials security tax and check the account associated with it.
- Then go to the Accountant menu.
- Click Chart of Accounts.
- Select the account you used for the payroll item and locate the tax payment.
When you’re all set you’ll want to read these links for reference in filing your federal forms:
Keep me posted if you have other concerns or questions about this. I’ll be around ready to assist you. Have a great day and keep safe.