If the payroll item is a “pre tax” item, then the “Tax Tracking” type should be “Premium Only/125”.
With that tax tracking type, there should be no withholding calculated for Federal Income Tax, SS or Medicare on the premium amount.
For W-2 reporting, Boxes 1, 3 and 5 will be reduced by the […]
Resolution for '3 and 5 issue: '' available: Yes.
The 3 and 5 issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the 3 and 5 issue yourself by looking for a resolution described in the article. If it is a complex 3 and 5 issue or you are unable to solve the issue, you may contact us by clicking here or by using other 3 and 5 support options.
For more information about resolving issues related to 3 and 5 in Quickbooks/QBO or to get support for the issue '', click the link below: