Recording social security retirement payment with medicare

Thanks for sharing the details with us, @magnum44.

You'll need to set up manual payroll in your QuickBooks Desktop (QBDT) and create a Journal Entry (JE) to record the payment. Let me show you how.
 

1. Go to the Edit menu and select Preferences.
2. Select Payroll & Employees, then select the Company Preferences tab.
3. In the QuickBooks Desktop Payroll Features section, select the Full payroll and the Manual Payroll checkboxes.
4. From the Get payday peace of mind window, select Next.
5. Click Activate in the confirmation screen.
6. Select OK to apply the changes.
7. Click OK to exit out of the preferences window.

You can also check this link for more details: Set up manual payroll without a subscription.

Once done, create a JE to record the payment. I'd recommend consulting your accountant so you'll be guided in using the correct posting accounts. If you're not affiliated with one, you can visit our ProAdvisor page and look for one from there.

Let me also add these resources that you can read for guidance in managing your payroll and accounts seamlessly:

• Get started with Payroll
• Reconcile an account in QuickBooks Desktop

Keep me updated if you need further help running your payroll. I'm always around to back you up. Have a great day ahead!

so, this is not a payroll thing. its just recording the income from social security (i,e i am retired and started receiving benefits)

i want to reflect the income but also the amount taken out of income that goes to medicare payment.

So, lets say my SS is $2500, but I receive $2000 into my checking account cos $500 is my medicare payment. How do i enter both items.