I own a small business with a dozen part-time employees. My import from Quickbooks shows a gross salaries and wages of $66,241 - I have verified that is the sum of all checks and direct deposits made to my employees. TurboTax tells me "In order to avoid a notice from the IRS", I should be sure the wages reported match the "total payroll reported on your payroll tax returns." Are they talking about the W-3? My W-3, Box 1 "Wages, Tips, other compensation" shows $73,908.65.
I don't know why these numbers are different, which one should I use?
