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ezPaycheck: How to Handle S-Corp Officer Health Insurance

    


ezPaycheck payroll software is very flexible. You can follow this guide to handle the payment for S-Corp officer health insurance.

Step 1: Add a new payment type for S-Corp officer health insurance

  • 1.1. Start ezPaycheck, click the left menu "Company Settings->Wage Setup" to open the company Payment Setup screen.




Step 2: Add a new deduction for S-Corp officer health insurance



  • 2.1. Click the left menu "Company Settings->Deductions" to open the Company Deduction Setup screen.
  • 2.2. Check one Customized deduction item, then clicked the button behind it to open the Deduction Details screen.

  • 2.3. Input the new name (ie: S-Corp INS).

  • 2.4. Check the examption options based on your plan.

  • 2.5. Select the W-2 option.
  • Check box 14 if you need to report it on box 14 on W2 form.

  • 2.6. Click the "Save" button on Deduction Details screen.

  • 2.7. Click the "Save" button on Company Deduction Setup screen to update the database.



Step 3. Edit employee settings to specify the default amount of the new deduction

  • 3.1. Select one employee from employee list and edited his deduction option.

  • 3.2. Enter the amount value.

  • 3.3. Click the "Next" button until the last page, then click the "Finish" button to save the change.


Step 4. Generate a new check





Samples

  • How to handle SDI tax

  • How to handle Oregon transit tax

  • How to handle child support

  • How to set up pre-tax health insurance payroll deduction

  • How to handle occupational tax or professional tax

  • How to handle CO Family Leave Deduction

  • How to handle MA Family Leave Deduction




  • Troubleshooting

  • Why the social security tax is not correct

  • Why the federal income tax is not correct

  • Why the state income tax is not correct


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