cancel
Showing results for 
Search instead for 
Did you mean: 
linda92
Level 1

Has anyone figured out how to adjust payroll tax in QB Online with the new Paycheck Protection Funding guidelines?

 
1 Comment 1
Anna S
QuickBooks Team

Has anyone figured out how to adjust payroll tax in QB Online with the new Paycheck Protection Funding guidelines?

Nice to have you here in the Community, @linda92.

 

I understand how running your business can be challenging during this time, but I'm here to help you.

 

Currently, QuickBooks Online doesn't have an option to edit the payroll tax liability manually. However, you can review your payroll settings and check the payment schedule, tax deadlines, and see if you have an incorrect tax deposit frequencies. The steps below will show you how:

 

  1. Navigate to the Taxes tab and press Payroll Taxes.
  2. Click the Edit your tax setup link.
  3. Under the Federal Tax Information and the Filing & Deposit Requirements, push Change or add a new schedule.
  4. Find your old tax deposit schedule, then choose Delete.
  5. Select a new filing and deposit schedule and a valid date.
  6. Hit OK.

 

Now you'll be able to change your payroll schedules. You can also review your state's withholding tax deposit frequencies to ensure you file and pay them correctly. These articles will help you examine your payroll data too:

Feel free to comment below if you have any other questions. I'm always here to lend a helping hand. Enjoy your weekend!

Need to get in touch?

Contact us