Paycheck Pre-Tax not working

Kent0sc

I've owed taxes for the past few years so I'm trying to use Quicken to ensure I don't owe in the future so getting the tax planner to be accurate is important to me.

I have used income reminders for years because I didn't realize there was a paycheck wizard. Anyway, I have deleted that reminder and added a recurring paycheck. In the pay check wizard I have added my pre-tax deductions (insurance, pension contribution) and post-tax deductions. However, the tax planner shows my salary less standard deduction as my taxable income. It is not deducting the pre-tax entries from my taxable income so the calculated taxes are way off. How do I correct this? I have not used the tax planner before so I can't say if this ever worked for me before.

I am using Quicken for Windows 52.33.

Chris_QPW

Have you checked the Wages section in the Tax Planner to make sure it is using the Quicken Data (from 2023)?

In the YTD section you should be able to scroll down the list and see if it is subtracting the pre-tax amounts.

Kent0sc

Thanks for the reply. The list has the gross wages, not with pre-tax deductions, but says its from quicken data 2023.

Chris_QPW

Well, then I don't know what to tell you. My wife's paycheck already had an entry for transferring to her 401K, but went ahead and put in one for pre-tax medical and it shows up in the Tax Planner: