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Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll

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Replying to:
MarkAngeloG
QuickBooks Team

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Hello there, @lululime12.

 

I understand the need to correctly report your Simple IRA contributions on your W-2 forms with QuickBooks Online. Let me provide you with more information about this and guide you in getting the best help available.

 

Simple IRA is suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan. However, you can still contribute to a traditional and/or Roth IRA even if you participate in an employer-sponsored retirement plan.

 

I recommend consulting with a tax professional for expert guidance. They can:

 

  • Review your specific situation and the QuickBooks Online Payroll setup.
  • Advise on the correct W-2 reporting requirements for Simple IRAs.
  • Guide potential workarounds or alternative solutions within QuickBooks Online Payroll in accordance with your specific situation.

 

If everything looks good and ready, but the issue persists, I recommend contacting our QuickBooks Online Payroll support again to have this investigated.

 

Moreover, with QBO Payroll, you can learn how to wrap up this year's payroll and prepare for the next.

 

Please keep us updated on the status of your concern. We're always here to ensure your payroll forms are accurate.

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