Thank you for joining the QuickBooks Community! For something like this, we recommend connecting with your accountant to verify the best practice as far as the 50% from 401k deferral and income tax goes. I have these steps below that will guide you on how to create a bonus check for an employee, though. First, you would need to create the bonus item.
Go to Payroll, then Employees.
Choose your employee.
From Pay types, select Start or Edit.
In the Common pay types section, select Bonus.
Click Save.
From there, you would need to be sure if you are doing the pay bonus along with the employee's salary or if it is a bonus-only paycheck. Either way, this article listed the steps for both. I encourage you to review this.
If you need an accountant, we offer a ProAdvisor service where you can connect with experts within your area. Simply add your zip code and browse through the options. Many even offer a free consultation as well. If you have further questions, do not hesitate to let me know. My team and I will be ready to help. Take care for now, and seasons greetings.
Feel free to leave a reply, if you require further assistance with creating paychecks in QBO Payroll. The Community team is here to help anytime. Have a great day!
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