QuickBooks auto generated federal unemployment deductions
In first quarter of this year, our QuickBooks payroll subscription updated causing a deduction for federal unemployment for our next new employee that we did not catch. We do not pay this as a non-profit and I need to remove it from this employees W2 generated information in the next week or so. The last update automatically generated state unemployment deductions for all our employees because of the interface update. I caught this one though, and the deductions were not completed.
Can anyone let me know how to return the monies to the employee so that $2.58 doesn't show up on her W2?
On the next paycheck, you should be able to enter the $2.58 on the FUTA line, as a negative number. That should fix the W2 and the liability account.