Let me share some information about the tax liability schedule in QuickBooks Desktop, SVOhio.
The tax liability will show in the Payroll Center section once it is unpaid. We can run a Payroll Liability Balance Report to view any unpaid liabilities for 940 taxes. If it is not yet paid, create a liability payment in QuickBooks Desktop. We can also enter the payment using the Enter Prior Payments option in the YTD Adjustment window. Here's how:
- Go to Help on the top menu.
- Choose About QuickBooks. Then, press Ctrl+Alt+Y.
- Select the date range. Then tap Next until you see the Create Payments button.
- Under Item Name, click the drop-down arrow. And choose the item you need to create a prior payment for.
- Verify the dates and update as necessary. Then, select Next Payment to enter another prior payment.
- Press Done.
Here's an article you can refer to for more details about scheduled liabilities shown as overdue or appear in red in QuickBooks Desktop. If your payroll liabilities are incorrect, we can use a liability adjustment to fix them. For the 940 taxes, just select the Company Adjustment option if you want the balance to be removed from the Payroll Liability Balances Report. Then, run the Payroll Summary report again to make sure everything looks right.
Feel free to visit our Payroll page for more insight about managing your payroll transactions in QuickBooks.
I'd like to know how you get on after trying the steps or after contacting ou support as I want to ensure this is resolved for you. Just reply to this post and I'll get back to you. You have a good one.
