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youngc22
Level 1

Pay Stub YTD Correction

Hello - We pay employees monthly on the 5th of every month for all wages for preceding month.  Quickbooks paystub YTD wages capture our Jan 5th pay checks that were for 2019.  Is there any way to update the YTD paystub and corresponding calculations to only capture 2020 wages?  

1 Comment 1
BigRedConsulting
Community Champion

Pay Stub YTD Correction

There is actually nothing to fix.

Wages are attributed to and report in the year (and the reporting period) they are paid, not when they're earned.

 

So, your December payroll, paid in January 2020, is reported on 2020 forms: Reported on the Q1 2020 941 and state quarterly forms and on the 2020 W-2.

 

They're also they're included in the YTD numbers on pay stubs, to match government reporting.

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