Good morning Ashneale,
Thank you for reaching out to the QuickBooks Community! I will gladly assist you with setting up a S-Corp 2% Owner Health Insurance payroll item. First, you will need to determine the insurance plan you are offering to your 2% shareholders.
From there, you can set your S-corp medical insurance item by following the steps below:
- Go to Payroll, then Employees.
- Choose your employee.
- From Pay types, select Start or Edit.
- In Additional pay types, select S-corp Owners Health Insurance.
- Enter an amount. Or leave it blank, then enter the amount as you run payroll.
- Select Save.
The next steps would be to report the S-corp contribution on your paychecks and track it. These can be found in the article below as well as some frequently asked questions.
Let me know if you have additional questions about this. I'm always ready to help. Have a great rest of your day.
