How do change the tax rate for withholding after paychecks have already processed?

Hi marcaldoc,

I'm here to share information about tax withholding.

The calculation of tax withholding is based on the W-4 information. That said, it has no rate to be modified.

If your employee has received the paycheck, you can delete the record on the system. Then, adjust the information on the W-4. Afterward, recreate the paycheck.

As for the amount, you'll have to reach out to your employee and have an internal agreement on how to give or receive the refund.

If it's a direct deposit transaction, you'll have to void it and then make changes to the W-4. Then, recreate the check.

Additionally, when you need details about the W-4 form, you can review this article from the IRS website: FAQs on Form W-4.

Keep in touch if you have further payroll concerns with QuickBooks. I'm always available to help you more. Have a blissful day.

Send funds to back account asap

Hello there, Blue52.

Let me share some information on what to do to return the funds to your account. 

You can request to reverse your payroll direct deposit. Please note that you can only request between 3rd and 5th day day after the pay date. Here's how:

1. Open the Direct Deposit Reversal form.
2. Choose New Request.
3. Fill in the relevant information as well as transaction details.
4. Choose Save.
5. You can void the paycheck in your payroll records once the reversal is allowed.

Also, make sure to review these details before you request a reversal. You can only request a reversal if:

• The total amount(s) must be greater than $50 (due to the $75
• direct deposit reversal fee).
• You can make a request between the 3rd and 5th day after the pay date. This is to ensure that the original paycheck wasn’t rejected. If it's rejected, there's no need for a reversal.
• The bank account you want to reverse funds from must still be in the employee's profile.
• The reason for the reversal is in compliance with ACH or EFT laws. For example: duplicate payments or unintended payments.

 Here's an article that contains a list of reports that you can run in QuickBooks Online: Run payroll reports.

Visit again if you have follow-up concerns, Blue52. I'd be glad to assist you more. Take care!