Let me help you set up tax filing annually in QuickBooks Online (QBO), Scotley.
We can change your payroll tax filing schedules on the Payroll Settings page. Let me show you how:
- Go to the Gear icon on the top menu.
- Choose Payroll Settings.
- Click Edit ✎ next to Federal tax.
- From How often do you pay your taxes?, tap Edit.
- Select which form you file, how often you pay your taxes, and its effective date.
- Press Save, then Done.
To better understand your tax form filing frequency, check out this information below:
Federal forms
- Form 941: Quarterly tax return (most common form)
- Form 944: Annual tax return (for businesses with a tax liability of less than $1000 in a year)
- Form 943: Annual tax return (Agricultural)
State forms
- Withholding: quarterly or annual depending on the state and your tax liability
- Unemployment: quarterly (IL also has monthly, but this isn’t supported by QuickBooks)
- Combined (CA, OR, NJ, NY): quarterly
You can check out this article to learn more about changing your payroll form filing and tax deposit frequency in QuickBooks Online (QBO) Payroll: Set up or change your payroll tax filing or payment schedules.
Also, you may want to check out this article to see the links for your state (Virginia) to find details on tax forms, withholdings, unemployment and other tax, e-file, and pay information, general state and agency information, and employer registration: Payroll Tax Compliance.
Please feel free to leave a comment below if you have other payroll concerns or questions about paying and filing taxes in QBO. I'm always ready to help. Take care.
