An employee requested for IRA $ to be deducted from payroll.   Which it was on two paychecks.  They never would return application for IRA and are no longer employed.  How do I return the $ deducted and make sure the W-2 is correct? Could I write a payroll check for the amount so the payroll taxes would be correct?  
Anna

After entering the negative deduction, did you process a payroll check?  I will not be issuing any more payroll checks.  Was the insurance amounts you took out pre-tax?

Hi, I have a similar issue.  An employee who is leaving our company advises me that the Flexible spending account amount (for daycare) that I have been withholding from his paycheck, and reimbursing to him every payroll, can not be justified with receipts - that is they really didn't spend that amount on daycare.  My mistake for not getting receipts all along the way!
 
So I owe SS and he owes SS, sdi and income taxes.  If I enter a negative deduction (he has one payroll left) will this correct my tax problems?  I don't want to PAY him the deducted amount (I already have...)
 
thank you,
Terri and Fred

Fred,
 
I think that would be a wonderful question for your accountant to answer. Possibly you could share what your accountant or CPA has advised to the rest of the forum. I am not an accountant, but have gained alot of experience thru working with my CPA running my own business.  
 
Rick

I entered the negative amount in the payroll deductions.  The IRA liabilities were transfered to A/P with the orginal check.  Do i just enter a credit voucher to get rid of those?
Anna