Add Tax Item: Record tax deductions such as Federal, State, and Social Security.Add Pre-Tax Deductions: Record deductions such as 401(k), dependent care, and medical benefits.On the Track Paycheck screen, enter your paycheck recurrence date and the information from your pay stub in the appropriate fields.Select whether it is you or your spouse's paycheck and enter the Company Name for the company you are getting your paycheck from.If you select Net amount you'll be returned to the Add Reminder screen because it is a simple reminder for a specific amount. At the bottom of the Add Reminder screen, select Paycheck Setup Wizard.On the Bills and Income Reminders screen, select Add menu → Income Reminder.From the Tools menu select Manage Bills & Income Reminders.Set up your paycheck using the Paycheck Setup Wizard Right now, though, all you need to enter is the net amount of your paycheck.
To learn how, choose Help menu > Learn About Next Steps After Setup. When you're in Quicken, you'll learn how to edit the paychecks you add now to include deduction information.
You can use Quicken's tax-planning tools and tax reports and save yourself time if you import your Quicken data into TurboTax. Quicken remembers the details of the deposits and other income you add here so you don't need to reenter all of the same information each month. There are several excellent reasons to track deposits (such as paychecks) and other income in Quicken:
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