Twice a month I have to make an epftps payment. It asks for three things. What I withheld, the medicaid total and the social security total. Since QB keeps employee and employer SS and medicaid separate I have to manually the add up each group separately . Can I create a report that will sub total employee and employer SS together and separately sub total employee and employer Medicaid together and finally give me the total of those three numbers
EFTPS
Feb 17, 2006
3 Replies
I use the pay liabilities screen. The Federal withholding amount is on the screen - copy it. Click off the SS amounts (1 click - it selects both emp and co), look at the bottom of the screen and write down the total. Unclick and click the Medicaid amounts (again, 1 click), and write down the total. Click 2 more times to add Withholding, and SS and the total is there for you.
I use the EFTPS - I copy & paste the total from my liability check. Then, I skip over the breakdown - those #'s are not necessary. Been doing this for more than two years - no problem. Had one client that was recording the breakdown - accidently entered wrong # in one and had heck of a time correcting!
N Owen To reply, please change "ONE" to numeral
Jim,
Skip the breakdown screen for SS and MC entirely.
All the IRS really cares about is the total amount.
I have been using EFTPS since the old modem connect days, and they have never needed to have the breakdown of social security & medicare.
*Watt
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