Kind of a long story, but need to be sure this is done correctly:
We overpaid our 941 liability in Q3 2018, so had a credit with the IRS.
The credit on our account was overstated in QB so the Q4 taxes were paid short. I have paid the amount owed and the IRS account is current, but need to get QB in line with the correct liabilities.
First - how do I adjust those liabilities to reflect the correct credit amount?
Second - how do I record the payment made directly at the EFTPS site in QB?
Third - how do I record the interest and penalties that were included with that payment?
