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aquinones
Level 3

2020 Income Tax W/Holding

I am entering my 1st 2022 payroll in QBs, I noticed that the income tax w/holding on each employee is slightly lower then 2021.

 

IRS is only showing a draft of Publication 15-T.  Does QB update their tables before the Publication is out?

Solved
Best answer December 21, 2021

Best Answers
Mark_R
QuickBooks Team

2020 Income Tax W/Holding

Your confusion ends here, @aquinones.

 

The latest payroll update includes new federal withholding tax tables. Please know that QuickBooks will follow the IRS finalized withholding methods. Thus, we make sure we're aligned with the IRS before making an update for the tax table.

 

I'm adding these articles for more details: 

 

 

Also, I suggest contacting the IRS customer service to know more about Publication 15-T.

 

It’s nice to work with you, @aquinones. Don't hesitate to click the Reply button below if you need further assistance with the income tax withholding.

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1 Comment 1
Mark_R
QuickBooks Team

2020 Income Tax W/Holding

Your confusion ends here, @aquinones.

 

The latest payroll update includes new federal withholding tax tables. Please know that QuickBooks will follow the IRS finalized withholding methods. Thus, we make sure we're aligned with the IRS before making an update for the tax table.

 

I'm adding these articles for more details: 

 

 

Also, I suggest contacting the IRS customer service to know more about Publication 15-T.

 

It’s nice to work with you, @aquinones. Don't hesitate to click the Reply button below if you need further assistance with the income tax withholding.

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