PUCV for owners

Forum|Forum|6 months ago
January 8, 2026
1 reply
5 views

Hi, I have already done final payroll for 2025. Now I find out that the owners want PUCV added to their W-2's instead of being part of their dividends. I know it should normally be added to the final check but we are beyond that now.
How do I create a net zero paycheck for the PUCV amount that will reflect this onto their W-2's?
What I have in my Payroll list so far is as follows:
Type: Wage - Auto Gross up
Type: Deduction - PUCV - Net Pay Offset
Type: Co Contribution - PUCV Taxable Benefit
I have tried several configurations with no luck. It either comes up with no tax withheld, the Gross amount not showing in wages, negative amount in the net, or a doubled gross amount in the SS/Medi W/H in the report.
Any suggestions?

QuickBooks Desktop

Morgan_B

QuickBooks Team

Thanks for posting your question here in the Community, bjk.

I want to make sure you're able to create a net zero paycheck for the PUCV amount in QuickBooks Desktop Payroll.

In order to add PUCV to owners' W-2s you'll need to create a special net-zero payroll check (or journal entry) dated in the current tax year (2025), adding the PUCV as a taxable wage item and then deducting it with a corresponding owner's draw/equity entry, ensuring it hits Box 1 (wages, tips, other comp.) on their 2025 W-2 without changing their net pay, often using a "Taxable Benefits" payroll item.

It's always a good idea to discuss these types of entries with your accountant to be sure it will work for your business setup. Additionally, the following article provides info about setting up and taxing Personal Use of a Company Car (PUCC) (or PUCV).

Please don't hesitate to reach back out if you have any other questions. I'll be here to lend a hand.

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