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Buy nowI am having trouble with my 2020 Form 940. On the Interview page, the amount that QuickBooks has determined my exempt payments to be (which gets entered on Line 4 of the return) is not equal to the total of all exempt payments listed in the "Classification" section. I ran a Payroll Summary Report for the year, and the itemized numbers in the "Classification" section are correct.
This is causing an error on my return, since the amount QuickBooks has calculated for Line 4 does not match the information in the Classification section of the Interview page. The amount being generated for Line 4 is off (less) by exactly the amount of our FFCRA/National Paid Leave wages, so I am assuming that has something to do with the problem. I used the default (QB-generated) tax settings for the National Paid Leave payroll item. Are FFCRA/National Paid Leave wages supposed to reduce the value of our FUTA exempt payments, or is this an error with the QuickBooks form?