EFTPS


J

Jim

Twice a month I have to make an epftps payment. It asks for three
things. What I withheld, the medicaid total and the social security
total. Since QB keeps employee and employer SS and medicaid separate I
have to manually the add up each group separately . Can I create a
report that will sub total employee and employer SS together and
separately sub total employee and employer Medicaid together and
finally give me the total of those three numbers
 
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L

L

Jim said:
Twice a month I have to make an epftps payment. It asks for three
things. What I withheld, the medicaid total and the social security
total. Since QB keeps employee and employer SS and medicaid separate I
have to manually the add up each group separately . Can I create a
report that will sub total employee and employer SS together and
separately sub total employee and employer Medicaid together and
finally give me the total of those three numbers
I use the pay liabilities screen. The Federal withholding amount is on the
screen - copy it. Click off the SS amounts (1 click - it selects both emp
and co), look at the bottom of the screen and write down the total. Unclick
and click the Medicaid amounts (again, 1 click), and write down the total.
Click 2 more times to add Withholding, and SS and the total is there for
you.
 
N

N Owen

Twice a month I have to make an epftps payment. It asks for three
things. What I withheld, the medicaid total and the social security
total. Since QB keeps employee and employer SS and medicaid separate I
have to manually the add up each group separately . Can I create a
report that will sub total employee and employer SS together and
separately sub total employee and employer Medicaid together and
finally give me the total of those three numbers
I use the EFTPS - I copy & paste the total from my liability check. Then, I
skip over the breakdown - those #'s are not necessary. Been doing this for
more than two years - no problem. Had one client that was recording the
breakdown - accidently entered wrong # in one and had heck of a time
correcting!

N Owen
To reply, please change "ONE" to numeral
 
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W

*Watt

Jim,

Skip the breakdown screen for SS and MC entirely.

All the IRS really cares about is the total amount.

I have been using EFTPS since the old modem connect days, and they have
never needed to have the breakdown of social security & medicare.

*Watt
 

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