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Jeanne1213
Level 3

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

 
Solved
Best answer January 20, 2020

Best Answers
Tori B
QuickBooks Team

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

Hey there, @Jeanne1213.

 

Thanks for reaching out. I'm happy to assist you with your employee's question about FICA.

 

This could happen due to a couple of reasons. It could be the deductions they signed up for through the year or if the tax laws for the state changed for a higher rate. 

 

To review a report in QuickBooks:

 

  1. Go to the Reports menu at the top.
  2. Click Report Center
  3. In the search box in the top right-hand corner, type in FICA.
  4. QuickBooks will search for FICA related reports. It will pull two separate reports (Year-End FICA Tip credit calculation, and Payroll summary). 

If you have questions or concerns, don't hesitate to reach back out to Community. I'm always here to lend a helping hand. Take care!

View solution in original post

BigRedConsulting
Community Champion

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

Each tax year is different and 2019 was very different compared to 2018 because of Trump's tax "reform" bill.  As a result, some people paid more in taxes and some people paid less - even if their wages stayed the same.

View solution in original post

4 Comments 4
Tori B
QuickBooks Team

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

Hey there, @Jeanne1213.

 

Thanks for reaching out. I'm happy to assist you with your employee's question about FICA.

 

This could happen due to a couple of reasons. It could be the deductions they signed up for through the year or if the tax laws for the state changed for a higher rate. 

 

To review a report in QuickBooks:

 

  1. Go to the Reports menu at the top.
  2. Click Report Center
  3. In the search box in the top right-hand corner, type in FICA.
  4. QuickBooks will search for FICA related reports. It will pull two separate reports (Year-End FICA Tip credit calculation, and Payroll summary). 

If you have questions or concerns, don't hesitate to reach back out to Community. I'm always here to lend a helping hand. Take care!

BigRedConsulting
Community Champion

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

Each tax year is different and 2019 was very different compared to 2018 because of Trump's tax "reform" bill.  As a result, some people paid more in taxes and some people paid less - even if their wages stayed the same.

Jeanne1213
Level 3

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

I haven't seen this report before.  Thank you!

Jeanne1213
Level 3

We have an employee asking why his FICA deductions on his W-2 for 2019 is higher than 2018 when his income was less. How do I explain to him? Are there a reports I can print to confirm decustions? Thank you.

Agreed, 2018 & 2019 were very different.  Thank you for your reply!

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