Learn how to report third party sick pay in QuickBooks Desktop Payroll Assisted.
Third-Party Sick Pay is disability payments from an insurance company your employee gets while out of work, sick, or injured. To process third party sick pay with Assisted Payroll, you must send your info to us so we can collect any necessary taxes and report on tax forms including your employee’s W-2.
Step 1: Verify the following information on the third-party report.
This information is required by the IRS for reporting purposes. If any of the information is missing from the third-party report, contact the third party to obtain it.
- 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
Step 2: Email or fax the third party report to Intuit.
What happens next?
Once we receive the info, you'll receive an email with what to do next. We may need to collect the company portion of taxes from you (if applicable).