“I did not make any prior month contributions. I want to make the max contribution of 18k in December but do not want to increase my wages in December to cover this 18k.”
You can’t Contribute from “No Value here.”
“Can I generate a negative payroll check”
They have to End at 0.
Resolution for 'business profitability issue: 'solo 401K contribution greater than my wages for the month?' available: Yes.
The business profitability 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 business profitability issue yourself by looking for a resolution described in the article. If it is a complex business profitability issue or you are unable to solve the issue, you may contact us by clicking here or by using other business profitability support options.
For more information about resolving issues related to business profitability in Quickbooks/QBO or to get support for the issue 'solo 401K contribution greater than my wages for the month?', click the link below: