Hi fellowshipinocal,
You can enter a
prior payment for the overpaid amount or apply it as a credit to the payroll
tax liability.
To do enter a prior
payment:
- Click Help at the
top menu bar, then select the last option which is About (your
QuickBooks version).
- Once the green screen with your
QuickBooks information appears, press Ctrl + Alt + Y at
the same time.
- Click Next until
you're under the Enter prior payments window.
- Click Create Payment. If
you have an amount in the table, click Next Payment until
you see an empty table.
- Change the Payment Date and For
Period Ending date.
- Choose your tax items under the Item
Name column and enter the Amounts. You can enter a
memo if you want (see attached screenshot).
- Click Accounts Affected,
and choose Affect
liability accounts but not the bank account.
- Click OK, then Done,
and Finish.
To apply the amount
as a credit to the payroll tax liability, please check out the Apply
a liability overpayment as a credit to payroll tax liabilities article.
Please let me know
if you have other questions.
