I mistakenly added 401K contribution as "Company Contribution" and employee deductions for retirement plan. Tax report & Paycheck shows combined as 37,000. How to revert

I have  mistakenly added 401K contributions as Employee Deductions and again as "Company Contributions" last quarter. Now the paycheck shows added together 18,500 from both as total 37000. The company contribution showing the payroll report and the paycheck is wrong. How do I remove the Company Contribution amount 18,500 as the contribution so that the w2 is reflected appropriately at the end of the year



Good day, EA.

Allow me to share what I know about how to adding 401K contribution in Intuit Online Payroll.

I'd like to check this for you and get it taken care of myself. However, I won't be able to check your account without asking for sensitive information. I don't want your detailed information displayed here for security reasons since Community is a public forum.

It would be best if you contact our Customer Care Team. They have the tools to verify the historical paychecks and process the reverse.

Let me know if there’s anything else you need from me, I’ll be here to keep helping. Enjoy your day!

Was this answer helpful? Yes No
IntuitRoseMarjorie , Community Support Specialist
Employee SuperUser

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.