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Download the latest payroll tax table update for QuickBooks Desktop

by Intuit9 Updated 3 months ago
 The latest tax tables are only available in QuickBooks Desktop 2024 or QuickBooks Desktop Enterprise Solutions 24.0.

Review this article to learn how to download and install the 2024 version.

QuickBooks Desktop provides payroll updates with the most current and accurate rates and calculations for supported provincial and federal tax tables, payroll tax forms, and EFILE options to active Payroll subscription customers.

Continue to visit this page for important updates about the payroll tax table updates for QuickBooks Desktop Canada.

In this article, you'll learn about:



The current payroll tax table version

11934004 on Quickbooks Desktop 2024 is released on June 18, 2024 and is effective from July 1, 2024 to December 31, 2024.

Check which version you have

In QuickBooks, from the Employees menu, select My Payroll Service, then Tax Table Information.

The first three numbers under You are using tax table version reflect your tax table version and should show as 11934004. You may already have release 11934004 if you updated your product earlier this year.

Reminder: Make sure you are using QuickBooks Desktop 2024 or QuickBooks Desktop Enterprise Solutions 24.0 to download this tax table update.



Get the payroll tax table updates

If you subscribe to QuickBooks Payroll, you can download your updates over the internet.

The easiest way to do this is to set up automatic updates so that QuickBooks downloads payroll updates automatically as soon as they are available.

You can also download the latest payroll update anytime while in QuickBooks:

  1. Select Update QuickBooks from the Help menu.
  2. Go to the Update Now tab.
  3. Select Get Updates.
  4. Select File, then Exit.
  5. Restart QuickBooks Desktop.

Note: There will be no web patch available for the 2024 tax table updates; they must be completed within the product.



What's included in the current payroll tax table update

For the July 2024 tax table update, there are no changes from the January 2024 payroll tax table update.

Effective Date7/1/20241/1/2024
Tax Table version #1193400411933003
TD1 Amounts
Federal15,70515,705
AB21,88521,885
BC12,58012,580
MB15,78015,780
NB13,04413,044
NL10,81810,818
NS11,48111,481
NT17,37317,373
NU18,76718,767
ON12,39912,399
PE13,50013,500
QC18,05618,056
SK18,49118,491
YT15,70515,705
ZZ (employees outside Canada)00
Effective Date 7/1/20241/1/2024
Tax Table version #1193400411833003
Canada Pension Plan (CPP) - outside Quebec
Maximum Pensionable Earnings68,50068,500
Basic Exemption3,5003,500
Contribution Rate5.95%5.95%
Maximum Contribution (EE)3,867.503,867.50
Maximum Contribution (ER)3,867.503,867.50
Employment Insurance (EI) - outside Quebec
Maximum Insurable Earnings63,20063,200
Premium EI Rate (EE)1.660%1.660%
Premium EI Rate (ER) (1.4*EE)2.324%2.324%
Maximum Premium (EE)1,049.121,049.12
Maximum Premium (ER)1,468.771,468.77
Effective Date7/1/20241/1/2024
Tax Table version #1193400411833003
Quebec Pension Plan (QPP)
Maximum Pensionable Earnings68,50068,500
Basic Exemption3,5003,500
Contribution Rate6.40%6.40%
Maximum Contribution (EE)4,1604,160
Maximum Contribution (ER)4,1604,160
Employment Insurance (EI - Quebec only)
Maximum Insurable Earnings63,20063,200
Premium EI Rate (EE)1.320%1.320%
Premium EI Rate (ER) (1.4*EE)1.848%1.848%
Maximum Premium (EE)834.24834.24
Maximum Premium (ER) (1.4*EE)1,167.941,167.94
Quebec Parental Insurance Plan (QPIP)
Maximum Insurable Earnings94,00094,000
Contribution Rate (EE)0.494%0.494%
Contribution Rate (ER) (1.4*EE)0.692%0.692%
Maximum Contribution (EE)464.36464.36
Maximum Contribution (ER) (1.4*EE)650.48650.48
Commission des normes du travail (CNT)
Maximum earnings subject to CNT94,00094,000


Troubleshoot payroll update issues

Perform the following checks if your TD1 amounts are not updated after installing the latest tax table updates.

Is it on or after the tax table effective date?

If you downloaded tax table version 11934004 on or after June 18, 2024, you will not see the updated amounts until the tax table becomes effective July 1, 2024.

After July 1, 2024, once you have downloaded the product update containing the new tax tables:

  • Have you had to manually adjust the TD1 amounts at any time in the past or after setting up a new employee?
    • If you have ever manually updated the TD1 amounts for an employee, the new tax table will not override any previously adjusted amounts. You will need to manually update the TD1 amounts going forward.
  • Are any of your employees set up over the basic TD1 amounts?
    • QuickBooks Desktop will automatically update TD1 amounts only for those employees with the basic amounts for the previous tax tables.

Have you had to manually adjust the TD1 amounts at any time in the past or after setting up a new employee?

If you have ever manually updated the TD1 amounts for an employee, the new tax table will not override any previously adjusted amounts. You will need to manually update the TD1 amounts going forward.

Are any of your employees set up over the basic TD1 amounts?

QuickBooks Desktop will automatically update TD1 amounts only for those employees with the basic amounts for the previous tax tables.

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