QB payroll automatically caps 401K contributions at $19,500. For employees over 50, how can I raise that cap to $26,000, to include the $6,500 catch-up?

Hi there, @dlittleton1.

You can set up a new contribution called 401(k) Catch-up to increase the annual limit. Let me guide you through the steps.

1. In your QuickBooks Online, go to the Payroll tab and select Employees.
2. Choose the appropriate employee you want to increase the limit.
3. Then, click Edit employee.
4. On the deductions section, click +Add a new deduction.
5. Choose Deduction/contribution > New deduction/contribution > Retirement Plans > 401(k) Catch-up.
6. Enter the amount per pay period, then click OK to save.

You can check out these articles to learn how to handle deductions/contributions:

• Retirement plan deductions/contributions
• Retirement Topics - Contributions

Keep in touch if you need any more assistance with this, or there's something else I can do for you. I've got your back. Have a good day and stay safe.