If you are paying monthly and switch to annual subscription, will the increase of $20 to $25 not take affect?

Hello, James. Switching from a monthly to an annual subscription for QuickBooks Self-Employed can indeed affect the pricing. If you switch to an annual plan, the new pricing structure will apply. It also depends if there are promotional discounts.

In your case, it's best to contact our QuickBooks support. Our designated team can provide specific information about your account and the potential rate changes when switching subscription plans.

Here's how to reach them:

1. Open your QuickBooks Self-Employed account. Head to the Help icon.
2. Click Contact Us.
3. Type in a short description of your concern. Then, Continue.
4. Pick how you would want to connect with us. Through Chat or Callback. 

For future reference, you can explore our comprehensive QuickBooks Self-Employed annual tax guide for valuable insights and tips on effectively managing your taxes.

It's always best to speak directly with our assigned team to ensure that you fully understand any changes to your subscription and how they may affect your billing and payment schedule. Let us know if you need further clarification.