Question

MA PFML

Forum|Forum|5 years ago
December 27, 2020
1 reply
5 views

If you have less than 25 covered individuals, your combined rate is .378% = FL .13, ML .248. Rate in QB 2018 is .13 and .62. I need to change the ML rate. Cannot do it through Payroll set up or through Payroll list. From QBs "If you do not see the Add Payroll Item prompt (from payroll update) this may mean that the 4 items were already set-up in QuickBooks. You may go to Payroll set up wizard to enter the rates for each items."

And the boss blew it on this one. When this came out LAST fall, I made him ask his tax accountant to make sure of law.. After months he finally he said exempt. So beg of Dec, he's freaking cuz since someone mentioned it to him; it was never deducted. It has been deducting for 4 wks now but I'll need to make liability adjustments. For all of 2020 and part of 2019. How will that work? Employer paying 0%. So will that go backward on employees pay? A Couple employees gone now!

QuickBooks Desktop Payroll

Kristine Mae

Moderator

We'll have to create a liability adjustment for each employee (active or inactive), Galezy.

It will correct the employee's year-to-date payroll information. Let me guide you. Here's how:

Click Employees.
Go to Payroll Taxes and Liabilities, and select Adjust Payroll Liabilities.
Add the necessary dates, then select Employee Adjustment.
Select the employee, then complete the taxes and liabilities field.
Select the Accounts Affected, then click OK.
Repeat for the other employees, then click OK.

You can also check this article for more information: Adjust payroll liabilities in QuickBooks Desktop.

Don't hesitate to leave a comment below if you need more help with your concern. We're available 24/7 to assist you.

G

galezyAuthor

Yes I figured I have to do manual adjustment. Main concern right now is changing the rate on the ML. QB has it at higher rate. We have less than 25 employees so ML is .248 not .62

M

me33

For less than 25 employees just choose the MA Paid Family Leave and MA Paid Medical leave. DO NOT choose the MA Paid Family Leave Company or the MA Paid Medical Leave Company.

Then go into the employee center, choose the employee and go to the Payroll Tab and then to the Taxes button then to the Other tab. Under Item Name drop down and add "MA Paid Family Leave". Once you do this you'll see Emp. Share Pct.. put in 100%

Then add the "MA Paid Medical Leave" (that has a tax of 0.62%) and in the Emp. Share Pct. put in 40%. You'll find that when the check gets calculated, it will deduct the correct 0.248% required for employer with less than 25 employees.

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