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June 4, 2020
Question

How can I import my 2019 tax information to quickbooks self employed? trying to figure out if my spouse can increase withholding so I don't have to pay quarterly taxes.

  • June 4, 2020
  • 1 reply
  • 2 views
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1 reply

Moderator
June 4, 2020

Welcome to the Community, @knicksfan84.

 

We're unable to import your 2019 tax info to QuickBooks Self-Employed (QBSE). We can only import mileage and bank transactions. To record your tax info, you'll have to enter it manually in the Tax Profile settings. Here's how:

 

  1. Click the Gear icon ⚙️, then pick Tax profile under the Taxes section.
  2. Enter the needed details such as the Marital statusNumber of Dependents, etc.
  3. Hit Save to confirm the actions made.

 

To know more on how and what taxes QBSE calculates, please refer to this handy article: What taxes in QBSE calculates?.  It contains the info on the different tax types that can be calculated and the way it's calculated based on the self-employment income and deductions, projections, and tax bracket. This way, you'll figure out if there's a way to increase your spouse's withholdings.

 

Feel free to get back here in the Community if you have more questions about managing your taxes in QBSE. I'll be here to help you. Take care always.