Tax Planner - Items Excluded from Federal Taxable Wages
thfrench@
Member ✭✭
Is there a way to have payroll items such as medical insurance deductions and HSA and 401K contributions show in Tax Planner. I believe that the total wages shown do not contemplate these items that reduce your taxable income and therefore the estimated tax due is overstated.
Tagged:
0
Comments
-
To get my 401k contributions to reduce my taxable income, I manually add a negative adjustment for my YTD contributions each payroll in the Tax Planner (see attached image where I reduce my income by $22k). This is the only way I have been able to get a reliable taxable income.
0
Categories
- All Categories
- 56 Product Ideas
- 36 Announcements
- 225 Alerts, Online Banking & Known Product Issues
- 22 Product Alerts
- 703 Welcome to the Community!
- 671 Before you Buy
- 1.2K Product Ideas
- 53.7K Quicken Classic for Windows
- 16.3K Quicken Classic for Mac
- 1K Quicken Mobile
- 812 Quicken on the Web
- 111 Quicken LifeHub