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February 20, 2024
Question

How do I adjust a T4?

  • February 20, 2024
  • 1 reply
  • 3 views
I need to add a taxable benefit to a T4 that was not entered each pay period. How do I adjust box 40 in QBO?

1 reply

QuickBooks Team
February 20, 2024

Hello sherryhagemeier,

 

It's nice to see you reaching out to us here.  When a taxable benefit wasn't applied to your employee(s) for each pay period, we can help.  In this situation, you'll need to contact our Customer Care team outside of Community.  They'll work with you directly and gather the required elements, to ensure the benefit is entered and applied accordingly, so your payroll forms and remittance are accurate and aligned.  

 

If you have any other questions, feel free to reach out again.  We would be happy to help!

December 11, 2025

Still looking for answers on how to update box 40 on T4. The answer is to make the box editable as in most T4 systems.