Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
posted
Hello, @MHO_dk.
I'm happy to assist you with your query about whether to input 10,350 or the compensation limit of 345k in QuickBooks Desktop Payroll.
To address this issue, you will choose the compensation limit of $345,000 as it is a cap that is used to determine the maximum amount for which tax or deduction calculations should not be performed.
QuickBooks automatically monitors its limits. To see these restrictions, you can refer to this article for more information: Learn about employee contribution limits
Below are the articles I've provided that outline the full range of reports accessible in your books and instructions on how to run them:
If you have further questions about the 401k annual compensation cap limit, you can comment below, and we'll respond to you as soon as possible.
