Unless there's something I'm missing, I don't believe I make a mistake in filing payroll taxes. Quickbooks automatically calculates payroll taxes. Because the deduction is pre-tax, there are no taxes calculated for it. The payroll form is generated by QB and has the amount for adjusted gross wages. The deduction is paid by the employee, and not claimed as a business expense, so I would think that the total for gross wages is the correct number to enter into Turbo Tax. The payroll forms sent to the IRS only include the adjusted gross wages. If there is absolutely not supposed to be a difference, them something must be wrong with the way I have the deduction set up (account-wise) because it is not subtracted from employee wages on the P&L.
The employee payroll deduction credits a payroll liability account, and the payment I make to the insurance company each month debits the same liability account. Perhaps this is incorrect?
