Tax Planner Excludes Additional Medicare on Excess Wages

hornet96
hornet96 Quicken Windows Subscription Member ✭✭
in Budgeting and Planning Tools (Windows)
I have been trying to use the tax planner to update our W-4 withholdings, given the new IRS version of the form. However, I am 99% confident that the Quicken Tax Planner does NOT take into account any excess Medicare tax of 0.9% owed on wages exceeding the thresholds set by the IRS. I have run our numbers using the IRS withholding tool, and performed some other offline calculations to confirm that the estimated tax liability shown in the Tax Planner is understated by the amount of additional medicare tax owed on excess wages. Is there a way for the Q developers to fix this?

Comments

  • Quicken_Tyka
    Quicken_Tyka Alumni ✭✭✭✭
    edited July 2020
    Hello @hornet96

    Thank you for taking the time to visit the Community to report this issue, although I apologize that you haven't received a response.

    If you haven't done so already, you may submit a problem report by navigating to Help > Report a problem and providing the details in the form.

    Please note, you will not receive a response or confirmation using this method.

    You may also contact support directly to report problems.

    https://www.quicken.com/support#contact-support

    I hope this helps!

    -Quicken Tyka

    ~~~***~~~
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