If you want to give out a net amount you have to start with a higher gross and fiddle with the amount to factor taxes. Bonus pay is subject to FWT, SS, Medicare, FUTA, SUTA, state and local income.
You can cut a check without taking out taxes but you would […]
Resolution for 'bonus pay issue: 'How to run bonus payroll without tax withholding?' available: Yes.
The bonus pay 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 bonus pay issue yourself by looking for a resolution described in the article. If it is a complex bonus pay issue or you are unable to solve the issue, you may contact us by clicking here or by using other bonus pay support options.
For more information about resolving issues related to bonus pay in Quickbooks/QBO or to get support for the issue 'How to run bonus payroll without tax withholding?', click the link below: