You're always welcome, @PHoff.

It's our pleasure to address your concern about medical reimbursement. It's good to hear that my colleague's suggestions helped you in this process. 

If you have other QuickBooks-related concerns, add them in the comment section below. I'll be here to help you.

I have so many questions regarding s-corp med. insurance for shareholders.  I got the payroll item added via a QB phone call.  Someone from QB was supposed to call me back in how to fix what's been done this year so far for the three shareholders.  However, I didn't receive a phone call.  My accountant told me to contact QB for help.  So here I am, completely lost on what to do.  

This year the shareholders' dependents have been a deduction on their paychecks and according to our accountant, the s-corp should pay health benefits for shareholder and dependents.  So how do I fix what I've already deducted from their paychecks?  Would the s-corp be reimbursing the shareholders?  Well, I hope that's not the case.

Let me help you fix this, @utilitree. We need to process a payroll adjustment for their paycheck in QuickBooks Desktop.

Shareholders shouldn't be deducted since this is a company obligation. 

We require to set up an S-corp medical payroll item in QuickBooks Payroll. And write them on your worker's paychecks and tax forms. In this case, we have to decide the insurance program you contribute to your 2% shareholders.

Here are two types of plans:

• Scorp Pd Med Premium
• Fringe Benefits 

Furthermore, the items you require for S-corp depend on when you're reporting the S-corp. There are two methods how to register the S-corp plan.

Here are ways to record them so QuickBooks Desktop will monitor the transaction or any adjustment in the future:

• Set up a Company Contribution payroll item - this is where you track your S-corp of the year that has the same plan as your employees.
• Add the item to the employee's profile - when you record your shareholder that has a different plan from your worker and does not pay the remainder of the year.

For more information, please visit this article for the complete process to enter this in QuickBooks Desktop. You can follow the procedure from steps #1 and #2: Set up an S-corp medical payroll item for your corporate officers. I suggest clicking the dropdown arrows to narrow down the details to track S-corp.

Plus, we need to make an adjustment for the processed paychecks and reimburse the amount to their next scheduled payroll. Ensure to create reimbursement pay items.

Please let me know if you still have other concerns with your payroll items. I'll be around to assist you. 

I have already set up the SCorp Pd Med Premium as the 2% Shareholders have the same benefits as all other employees.  Reading on, I see the below statement(I copied and pasted).  What does it mean by "when you're reporting the S-corp"?  We go by a normal fiscal year from Jan 1-Dec 31 if that is what that statement is referring to.

"Furthermore, the items you need for S-corp depend on when you're reporting the S-corp."  

I need one-on-one help with this.  I have contacted QB twice, once through chat and once through phone call.  Both times, I was told that a specialist who would be better to assist me would call me back.  I haven't had any call backs from QB.  I've been waiting for several hours today and nothing so far.  I really need assistance with this issue.

Thanks for getting back to the thread, utilitree. I understand the importance of getting this issue fixed as soon as possible. Let me share additional information.

I can see that you'll want a one-on-one assistant on this matter. With that, I'd also suggest contacting our Desktop Payroll support once more. This way, you can do a screen-sharing session, and they'll guide you through the resolution process. You can also talk to an agent via messaging, they also have the tools to do a screen-sharing session with you.

Here's how:

1. Click Help at the top menu bar, then select QuickBooks Desktop Help.
2. Select Contact Us and then enter that you get Reminder prompts and Continue.
3. Then choose either Message an Agent or Talk to a Specialist.

Please check out this article for QuickBooks support hours: Contact QuickBooks Desktop Support.

Keep me updated about this one or if you have any other payroll concerns. I'd be glad to assist you at any time. Take care!

I have a similar issue as the sole employee of my s corp but my problem is that I set up the QB payroll to include the health insurance premiums,  but didn’t place it under the 2% owner s corp area.  I’ve already made a corrective paycheck last month.  So it seems that I have to make another correction to have the premiums appear in the correct area.  How do I do this second correction so my W2 is correct at end of year?

I have a similar issue as the sole employee of my s corp but my problem is that I set up the QB payroll to include the health insurance premiums,  but didn’t place it under the 2% owner s corp area.  I’ve already made a corrective paycheck last month.  So it seems that I have to make another correction to have the premiums appear in the correct area.  How do I do this second correction so my W2 is correct at end of year?

Great job on making an initial correction, @Rmdmdinc. I see the inconvenience of going back and forth to ensure a correct W2 at the end of the year. I'm here to direct you to our representatives.

Since you've rectified the paycheck last month, I highly recommend contacting our Support Team. They can provide resolutions specific to this. I'll show you how:

1. Go to the Help icon and choose Search.
2. Select the Contact Us button and enter your concern.
3. Press Continue.

To note our operating hours, select the QuickBooks product you're using so you can contact us timely: Contact Payroll Support. It includes multiple ways to reach us.

For more tips about reporting quarterly forms, refer to this article: Set up an S-corp medical payroll item for your corporate officers.

Our experts will help you update the S-corp medical contribution properly. If you have follow-up questions about another payroll item, don't hesitate to add them below. I'll be here to help you out. 

All of theses are helpful but they keep talking about W-2 and how to record it.  I need to find out how to get that to show up on the quarterly taxes before I do the W-2. 

The owners paycheck show the "taxable company items" and its correct amount on there last paycheck.

My question is I am having an issue with adding that amount to the gross wages of the owners gross pay without the system taking taxes and having it show up on the quarterly reports Line 2 of 941 Fed and all the other quarterly reports for the 4th quarter?

I am doing this at the end of the year and I am using QB desktop. 

Any help with this will be greatly appreciated.