Question

LTD and STD

Forum|Forum|5 years ago
July 20, 2020
2 replies
26 views

We are paying the complete premium for our employees LTD and STD. How do I set this up in QB Desktop Pro Plus 2019.

QuickBooks Desktop Payroll

R

RCV

QuickBooks Team

I've got some steps to help you set up your employee's insurance in QuickBooks, rose31.

We can create a payroll item for both Short-term disability (STD) and Long-term disability (LTD) as an insurance benefit. This will add to your employee's profiles and paychecks.

Here's how:

Go to List on the top menu.
Choose Payroll Item List.
Tick the Payroll Item drop-down and choose New.
Select EZ Setup and click Next.
Then, follow the onscreen setup instructions that will prompt you to answer a series of questions based on the item type.

To set up an insurance item for a custom set up, just refer to this article: Set up a payroll item for insurance. Then, go to To set up an insurance benefit item using custom setup: section.

Then, create a paycheck for an employee then you'll see the LTD and STD insurance in the Other Payroll items section.

For additional insights, you may check out these articles:

Feel free to reply to this post if you need help with creating paychecks applying the payroll item for insurance. I'm always here to help. Have a great day ahead.

LieraMarie_A

Level 8

Hi there, @Rose48.

You can select Miscellaneous Additions when using the EZ setup. Then, you have the option to rename it later as STD or LTD.

Here's how:

From the List menu, choose Payroll Item List.
Right-click anywhere and choose New.
Choose EZ Setup and click Next.
Choose Other Additions and click Next.
Choose Miscellaneous Addition and click Finish.
Edit the item and rename it as STD, LTD, or depending on your choice.
Click Next until you see the Tax tacking type window.
Choose the right type for the item. You can ask your accountant about this.
Click Next and click Finish on the last window.

When setting up the offset item, follow the same steps above. This time, select None as the Tax tracking type.

Additionally, when you add the items on the paycheck, you’ll want to enter a positive amount for the insurance item and a negative amount on the offsetting item. The amounts have to be the same.

Please let me know if you have other questions or concerns. I'll be around to help. Have a good one.

D

Domini

I have A question About Disability and Pay family Leave. I'm in NY state.

I have a third-party company that I paid every year for disability and pay family leave. I don't want my employees to pay for it. How can I remove that from payroll ?

U

uufb

How do you set this up in QuickBooks online?

JoesemM

QuickBooks Team

Allow me to elaborate on things about setting up LTD and STD in QBO so you can get back to working order, uufb.

You'll need to get in touch with us and verify information on the third-party report since you're using QuickBooks Online Payroll. This will allow us to process third-party sick pay and collect any necessary taxes, including your employees' W-2.

Then, you must verify the following information on your third-party report:

Employee's name
Employee's Social Security Number
Sick pay paid to the employee
Federal income tax withheld
Employee Social Security tax withheld
Employee Medicare tax withheld
State tax withheld
Federal Employer Identification Number (EIN) number

Once the verification is done, you can contact us to process the sick pay. Here's how to reach them:

Sign in to your QuickBooks Online company.
Go to Help (?).
Select Contact Us.
Enter your concern, then select Let's Talk.
Choose a way to connect with us:

Start a chat with a support expert.
Get a callback from the next available expert.

If you use QuickBooks Online Payroll Premium or Elite, you can click Step 2 below to email the third-party report: Report third-party sick pay to QuickBooks Online Payroll and QuickBooks Desktop Payroll Assisted.

I'll also share this article to guide you. It covers running, printing, and customizing payroll reports in QuickBooks Online Payroll: Run payroll reports.

Let me know if you still have questions about setting up LTD and STD deductions in QuickBooks. I'm always here to help you out. Take care and have a great rest of the day!

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