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I need to add a company 401k contribution for eligible employees before the end of the year. Any ideas on how to do that properly so it appears on the W-2? Thanks.
Thanks for taking the time posting here in the Community, @Anonymous,
I can help you set up the 401K contribution in Intuit Online Payroll.
Adding a new contribution can be done in just a few clicks. Let me guide you through the steps:
You may refer to this article to know more about setting up the setting up aretirement contribution: Set Up Company Contributions to a Retirement Plan
Also, this contribution is reported in box 13 of your employee's W-2. You may want to check this article to check how your taxes are reported on your Federal forms:
Supported Pay Types and Deductions in Online Payroll
That should get you all set with your 401K contribution, @Anonymous. Let me know if there's anything else you need help with QuickBooks. I'm here to help you out anytime.