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Level 1

Correcting Payroll & Owner Draw

A previous bookkeeper and payroll manager listed the owner's draws on payroll. A W-2 is being generated for the owner now automatically through QB payroll. I have manually filed 941X with the IRS.

 

How do I change the recorded payrolls from wages to owner draws to have a correct W-3 & 940 to file?

 

Using QB Desktop 2019 and have the full service QB payroll.

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