Solved

Quickbooks Payroll for a second job

Posted on 2014-03-14
1
472 Views
Last Modified: 2014-03-20
Hi,

I have a part time employee who earns a decent salary at her main job and earns a much smaller amount working for me.

I would like to deduct the correct amount from her taxes but don't see an obvious way to do it in Quickbooks.

Any help is apppreciated.
0
Comment
Question by:cyclebrock
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
1 Comment
 
LVL 6

Accepted Solution

by:
QBalance_QuickBooks_Advisor earned 250 total points
ID: 39931333
It is your responsibility to withhold based on the tax tables. It is the
employee's responsiblity to elect for more federal withholding to be withheld.
To do that have the have the employee complete a W-4 form.

On the W-4 form is a field where she can instruct the employer to deduct an Extra flat rate  per paycheck.   If she does not know how much to deduct, she can look to
see what her top tax bracket is and use that as a guide
http://taxes.about.com/od/Federal-Income-Taxes/fl/Federal-Income-Tax-Rates-for-the-Year-2014.htm.   Take that rate times the gross wage and deduct what QuickBooks
will normally withhold on the gross wage.  Have her round up to the nearest $10 and use enter that flat rate into QuickBooks.


To set this up in QB, edit the employee
nagivate to the payroll information screen (where you set up wages)
click on the taxes button
In the federal there is a field where you put that  PER PAYCHECK amount to
deduct.
0

Featured Post

Independent Software Vendors: We Want Your Opinion

We value your feedback.

Take our survey and automatically be enter to win anyone of the following:
Yeti Cooler, Amazon eGift Card, and Movie eGift Card!

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Title # Comments Views Activity
how can I make Quickbooks 2011 compatible with Windows 10? 3 4,339
Quickbooks 2015 Restore 10 103
Management Bonus/Salary 10 76
I have QuickBooks 2016 Enterprise License Question 2 71
By Linda Saltz Customized item descriptions from bills DO import into a customer invoice!   This is a wonderful tip for companies that want to use generic items like Hardware, Software, Mileage, Travel in their item list which helps keep the i…
You may need to view past transactions from previous QuickBooks files or other QuickBooks company files when:       1. you are working in another QuickBooks file       2. QuickBooks is closed QuickBooks users who would benefit from this artic…
Attackers love to prey on accounts that have privileges. Reducing privileged accounts and protecting privileged accounts therefore is paramount. Users, groups, and service accounts need to be protected to help protect the entire Active Directory …

735 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question