How do I setup up a paycheck w/pre-tax & after-tax deductions aa\s a % of variable income?

balboamom
balboamom Quicken Windows Subscription Member ✭✭
in Budgeting and Planning Tools (Windows)
I receive 2 paychecks each month. The 1st is a fixed amount (Base Pay). The second includes commissions. Commission change each month depending on my sales performance. For my 401 (k) my pre-tax contribution is 15% of my gross pay. My employer match is 9%. In addition, we have an ESPP & my after-tax contribution is 10% of my gross pay.

How can I setup my paycheck? The paycheck wizard seems to only offer fixed dollar amounts.

Best Answer

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You are correct the paycheck reminder only supports fixed dollar amounts.

    In the case of varying amounts you have to change them as you enter the paycheck into the register.
    Signature:
    This is my website: http://www.quicknperlwiz.com/

Answers

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You are correct the paycheck reminder only supports fixed dollar amounts.

    In the case of varying amounts you have to change them as you enter the paycheck into the register.
    Signature:
    This is my website: http://www.quicknperlwiz.com/
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