QBO Payroll taxable benefit

Fire Busters · ‎February 16, 2021

Trying to do T4 slips.

I can not find where to set what box to report a taxable income to? Tech support is suppose to email me something, but not holding much hope. Seems to have a crap agent this time.

Anyone able to help me? can I change it. It is currently reporting to box 14, but want to change so it will report as box 40. This is for the taxable portion (life insurance) of benefit plans?

Said I could add new, but I do not see how to set this one a new one. Hoping I can jsut adjust what is there...otherwise Also need to know how to adjust what is in the system

Catherine_B · ‎February 16, 2021

Hello there, Fire Busters.

I'd like to ask which taxable benefit you're referring to so I can walk you through the detailed steps. We have supported pay types and how they are being handled in QuickBooks Online. You can check it out here: Add or change pay types.

If you're unsure of how to set up the pay type, I'd suggest reaching out to an accountant to help you identify the accounts to use as well.

Any additional information is much appreciated. Thank you and have a great day!

Fire Busters · ‎February 16, 2021

Thank you, seems I posted to USA, I am Canadian user. will try to get posted over there

Fire Busters · ‎February 16, 2021

Sorry, Canadian user, will try to repost in appropriate section

JamesM4 · ‎February 16, 2021

Hi Fire Busters. I see you've sent us a message on the Canadian site. I've responded to your post, feel free to get back to me from there. :)

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QBO Payroll taxable benefit