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Level 1

Need to enter payroll for a closed tax year

 
2 Comments
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Moderator

Need to enter payroll for a closed tax year

Thanks for reaching out to the Community forum, @proworxhi.

 

There are things that you need to do to close out the old year and prepare for the new one. These are the following:

  1. Run your final payroll and issue last checks.
  2. Make all outstanding tax payments.
  3. File your quarterly forms for both federal and state.
  4. Provide your employees with W-2s.
  5. File Copy A of form W-2 with the Social Security Administration.
  6. File annual forms, including federal Form 940 and any state annual forms.

To learn more about year end to do's, see below articles:

If there's anything else I can help you with in managing your account, let me know by commenting below. I'm here for you. Have a great day!

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Community Champion

Need to enter payroll for a closed tax year

You or any other master admin will have to open the closed period in order to enter data. Then it can be closed again

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