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In QuickBooks Desktop are we just supposed to setup the Pay items as instructed and then when you enter the National Paid Leave Credit to the liability it includes the social security and medicare for Employer besides the pay for National Paid Leave Employee even though it is not subject to social security for the Employer? or are we manually changing each paycheck and subtracting/zeroing out the Employer share of social security off the paycheck?
Thanks for reaching out to the Community, @kschultz.
Running your business during COVID-19 can be a bit confusing, but rest assured, we're here to help.
Changes are coming daily to QuickBooks payroll products. Thank you for your patience as we work to support you. Our payroll teams here at Intuit are working quickly to create appropriate pay types, that way you can track and report hours towards this tax credit for your business.
We will let you know once an update about the tax tracking type is available. I'm also attaching these helpful articles for additional reference.
Feel free to follow up with me if you have any more questions or concerns. Have a good one!
When will we know when this fix is made? I have to run payroll on Monday and from what I can see the Employer Social Security tax is still being included with no way to manually adjust it to $0.
Thanks for joining the thread, @cjhonsey.
We know running payroll is one of your many priorities when it comes to COVID-19. We will continue to update you on this thread until the Employer Social Security tax can be manually adjusted. You can also check out our blog page for any new updates that are added to QuickBooks.
I'm only a comment below if you have any other questions. Enjoy the rest of your week.
I am using QuickBooks desktop Pro 2020 & have run the update. I am following the instructions from "How to track paid leave..." updated 4/9
When setting up payroll item National Paid Leave EE I am unsure of what items should be checkmarked on Taxes screen - my program defaults to checkmark everything except National Paid Leave Credit - should I mark this & unmark everything else or leave as is or uncheck SS Company or ?
Hey TW9.
When it comes to your specific taxes and complying with the social security taxes, there's limited help I can provide. Our guide on how to track paid leave and sick time for COVID 19 details on how to best input your information on employees affected by COVID 19. If you have more questions regarding putting this information in by an accountant standard, I would recommend contacting one of our Pro Advisors. There accountants who are trained in QuickBooks and would be able to give their input on entering the information accurately. I'm here as well to help if you have any other questions.
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