Who told you I used DESKTOP?  You are so off base.  I use online Intuit Payroll Full Service.  I have an accounting & finance degree and have been a practicing CFP with small business owners for over 40 years.  I do not appreciate your inaccuracies and incorrect assumptions. If you want to be helpful tell all of us how we can get ahold of senior management and CEO, COO, and board of directors for Intuit.  The hardship and stress created by a corporation so large and old that advertises to be the leading provider for payroll and bookkeeping services for small business owners is inexcusable and many of us are looking for an alternative provider that keeps up with all changes in retirement plans, etc.   

Its seems from all the posts there are countless users upset and yet we get "a blow off" response.  Top Executives at Quicken should earn their pay and address this formally not only in an apology to its loyal customer base but with a work around and ETA for the SIMPLE ROTH IRA being available for 2025 in Jan payroll.  

If we try to use a work around, someone suggested using the ROTH 457 plan but will that allow me to have 3% of gross to be contributed by employer?  Will this create any adverse reporting issues with the IRS when you send them Form 941 or W-4, etc.  I have full payroll services that I pay INTUIT for but don't get "FULL" service as you can see.  Why don't you have someone give us guidance on how we can "MANUALLY" have this done until Intuit adds the option for the ROTH SIMPLE IRA.

Can you let me know if you're able to set up Employer matching as a percentage (I match 3% of gross pay) when you try to use the 457 Roth as a work around.  Also, did you CPA or accountant mention if the Form 941 or W-4 (whatever they call it these days) will have any adverse affect and maybe prompt an audit?   I just like keeping things clean so whatever is reported to the IRS matches up to our intended Simple ROTH IRA plan.

The only reason I was going to use Roth 457 deduction or any of the other Roth deductions is because it shows below the one you select in tab three titled tax tracking type in the payroll item list how it will appear on the payroll and W-2 reports.  It has to be included in all of the boxes (meaning taxed) since it is a Roth, and the retirement plan box should be checked on the W-2. 

I was going to leave the 3% match alone because that will still be "pre-tax", meaning a tax deduction for the company,

I was going to use this only until Quickbooks gets up to date on the IRS approved regulations and rules.

After reading some of the comments, I like the one where they would set up a new Roth Deferral deduction and leave it taxed.  The only problem is if Quickbooks doesn't get the new tax tracking type done before we have to file 2025 W-2's, because we need the correct boxes in all of the payroll forms.

This shouldn't be hard for Quickbooks.  We pay and depend on them to be up to date on the IRS rules and regulations.  We shouldn't have to "work around" this issue.

I need to process payroll today.  How did you handle the Roth Simple IRA contributions from the employees who decided on the Roth?  I have several.  Did you just add a deduction item and call it Roth Deferrals? Or did you just pick a random Roth tax tracking type for now until its finally updated in Quickbooks?  

I was  hoping Quickbooks had a quick fix from last week's phone call! But no.....

I did not want to mess with anything for taxes and have to try and recalculate whenever QB gets their act together. I sent a message out to employees, and shared that due to Quickbooks not having the correct account options set up, that we will need to only allow pre-tax basis contributions, and that we will change their accounts back to ROTH as soon as we are given the option. I had the employees re-fill out the account forms then as well.

We are a small non-profit, so I only have 20 people that I needed to work with to get it switched. It still stinks regardless, I would be using the ROTH personally if it wasn't for QB not being on top of it.

I ended up just making a general post tax deduction and labeled it Roth Deferral until they get things figured out. I didn't want to try and choose a Roth option and have that bite me later if it had different tax implications. Oddly enough, I got a bunch of phone calls the next day from Intuit asking if my problem was solved. They never called back after asking if they could call back while they found out what the timeline for a solution was. Crossing my fingers this gets solved as fast as possible. I have never been so eager to check if there is a new payroll update available.

I used the jAfter-tax Roth 401(k) option and labeled it "Simple Roth".  It's the closest match.  I believe the limits are different so we'll have to watch that, but hoping QBO will have this fixed before that will be a problem.

This is the response I received from QB support today, ridiculous. 

Quickbooks - 

Have we had any update on this? I cannot imagine that it would take a more than a week to get updated, especially for a company of your size. 

Does anyone have any information they can share on when this is getting updated?

JM

For now, there's no available updates yet about this, JM1S. However, our product development is doing their best to implement these changes to ensure that QuickBooks Desktop Payroll fully aligns with the new requirements.

For now, I suggest sharing your ideas with our product development team. They can evaluate your feedback and consider implementing changes in the next update.

Here's how:

1. Locate the Help option.
2. Choose the Send Feedback Online option.
3. Select the Product Suggestion option. A pop-up window displays. Enter your feedback suggestion.
4. Click the Send Feedback button.

Once done, our designated team will review it. You can track your future requests through the QuickBooks Online Feature Requests website.

Additionally, refer to this article if you want to run and customize payroll reports in QBDT: Run payroll reports.

Don't hesitate to comment if you still have concerns about managing your employees. I'm always here to help.

We need a Thumbs Down/Boo button for some of these comments. If you are from the "Quickbooks Team" don't comment if you are basically going to say 'that's not my job.' Only comment if you are offering a solution or an answer to everybody's question. Or maybe assure us that you will forward our concerns to QB department that is working on the solution.

We just got in the groove of working with QB time so that it costs into QBO correctly and now you are telling me I have to get a 3rd party app to do my payroll so that our company can utilize a SIMPLE ROTH IRA?     I saw earlier reply from October 2024 that excused the fact that QBO does not offer the  SIMPLE ROTH IRA due to "IRS Regulations"   Well, "IRS regulations" changed on January 1st 2050 & you still do not offer it?   Now we have to find a 3rd party app?  

oops! first time posting on this site & replied to wrong thread.  There is another thread on this same subject (not nearly as active)  & QB suggests utilizing 3rd party apps...

So glad to find this thread & realize I am not alone & crazy for expecting such huge company to be able to get with the times.  We are sticking with the traditional roth until they do or until we change accounting software..whichever comes first and it is not looking too good for QBO right now!.  Considered using the Roth 401K so tax would calculate correctly and I would just manually monitor that we stay within limits (only a few max so that is doable) and asked QB support it there was a way to change the code on the w-2 on the back end but they said no & I didn't want to chance it.

Quickbooks - Have you figured out the Roth Simple IRA contributions yet? Or are you going to continue to ignore items your customers actually need?

I appreciate you joining this thread and expressing your concerns about the Roth Simple IRA contributions in QuickBooks, @KBontre. Rest assured, we are actively listening to your product suggestions.

To begin with, please know that the Roth Simple IRA option is currently unavailable in both QuickBooks Online and QuickBooks Desktop due to IRS regulations, which indicate that SIMPLE IRAs cannot be Roth IRAs.

Our Compliance Team is working on implementing relevant updates; however, we do not have a specific timeline for when this will be available in the software.

While this feature is still unavailable, the good thing is that we deeply value customer suggestions. Thus, I recommend sending a feature request to our Product Development Team.

If you're using QuickBooks Desktop, here's how to submit your input:

1. Click the Help option.
2. Choose the Send Feedback Online option.
3. Select the Product Suggestion option. A pop-up window display.
4. Enter your feedback suggestion.
5. Hit the Send Feedback button.

On the other hand, if you're using QuickBooks Online, please follow the steps below on how to submit your feature request:

1. Hover to the Settings, then select Feedback.
2. Input your comments or product suggestions.
3. Click Next to submit.

We continually strive to enhance and expand our features based on user feedback, making your input crucial for prioritizing future updates.

Additionally, you can check out these articles to discover how to wrap up this year's payroll and get ready for the upcoming one:

• Year-end checklist for QuickBooks Online Payroll
• Year-end checklist for QuickBooks Desktop Payroll

Your input is highly valued as we work to improve QuickBooks functionality, @KBontre. Know that the Community team is always ready to assist you with any future inquiries related to QuickBooks Online.

How many times are you going to copy and paste the same response!? Please have somebody, that can actually read and comprehend, educate themselves on the Secure 2.0 Act. This thread has continually pointed to the fact that this new legislation allows for a Roth SIMPLE IRA, yet you continually choose to ignore it.

The following is taken directly from IRS.gov: 

Roth SIMPLE and Roth SEP IRAs

Under section 601 of the SECURE 2.0 Act, an employer that maintains a SEP or SIMPLE IRA plan can offer participating employees the option of having their salary reduction contributions deposited in a Roth IRA instead of a traditional IRA. For more information, refer to Questions and Answers K-1 through K-8 in Notice 2024-2, published in the Internal Revenue Bulletin.

Contributions made at the employee’s election to a Roth SEP or Roth SIMPLE IRA are subject to federal income tax withholding, the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). These contributions should be included in boxes 1, 3 and 5 (or box 14 for railroad retirement taxes) of Form W-2 PDF. They’ll also be reported in box 12 with code F (for a SEP) or code S (for a SIMPLE IRA).

Employer contributions to a Roth SEP or Roth SIMPLE IRA are not subject to withholding for federal income tax, FICA or FUTA. These contributions should be reported on Form 1099-R for the year in which they’re allocated to the individual’s account. The total amount should be listed in boxes 1 and 2a of Form 1099-R with code 2 or 7 in box 7, and the IRA/SEP/SIMPLE checkbox checked.

Quickbooks - Your ignorance is no longer an excuse!

Great response and accurate!!! I tried to post something similar in response to the idiotic comment he posted about Roth version not being approved by IRS and he used a link to an outdated IRS webpage.  It just shows that most Intuit employees are offshore and don’t know how to keep up with legislative changes like the SECURE ACT 2.0 

This is a ridiculous response from QB as it was (and is) completely incorrect! 

QuickBooks/Intuit - do you have any intentions to update Payroll with the ability to add the Roth Simple IRA deduction??  If so, ETA??