Update Unemployment Taxable Wage Base for 2021

Hey there, NorthsireTire.

I'm happy to help you out with information on our latest payroll updates including the Taxable wage base. I've checked our last payroll update, and it appears we haven't updated the rates and limits yet. There will be another payroll update later this month to address the updated wage base. Once updated, QuickBooks will automatically pro-rate based on payrolls that have been ran already this year, so you won't need to worry about manually changing any information.

I suggest checking out our latest payroll news and updates for updated information on what was updated and addressed in our recent updates.

If there's anything else I can do to help, please, don't hesitate to post here anytime. Thanks and I hope you have an excellent day. 

The SUTA for 1st Q 2021 appears to have been calculated with the wrong taxable wage base for Missouri.  I have one employee who went over the limit in March.  The limit is supposed to the $11,000 but it calculated the tax on $10,000.  How do I correct?

Hello, @JanetS. 

Thanks for joining in on this thread. I appreciate you coming to the Community with your question about SUTA for the first quarter of 2021. 

I can give you some information to help resolve this problem. 

Note: 

• QuickBooks Desktop Payroll Assisted: Contact us at 888.712.9702 if you need wage base adjustment on taxes filed by Intuit.
• QuickBooks Payroll Basic, Standard, and Enhanced: Running the Payroll Checkup will not automatically correct the wage base.

However, I recommend going through this guide on using a wage base adjustment to correct this information: Entering wage base and tax adjustment to correct employee's quarter (qtd) or year to date (ytd) tota....

This information should get you back on track. If you have any other questions or concerns, don't hesitate to ask. I'm always here to lend a helping hand. Wishing you and your business continued success! 

I have gone into my Payroll Item List and updated my Unemployment Tax Rate for 2021 but it doesn't allow me to update the Taxable Wage Base per employee. The TX Taxed Wages is $54,180; however QB has it set to $9,000.  I see in other questions that this should be done in Payroll Update later this month but looking back to last year, I see that it didn't get changed there.  Not sure if I'm looking at the right  Payroll Item.

Let me share some information about the Taxable Wage Base per employee updates, RFLinc.

You'll receive a letter from your state about the changes in your rate and wage limit. We're unable to modify your State Unemployment limit. QuickBooks Desktop automatically enters the new wage limit once we receive updates from the  Tax Agency. This ensures we stay compliant with your state tax laws and regulations.

Also, the wage base limits are updated by the payroll tax table and we don't have a specific time frame yet when we'll be rolling out the new update. Just ensure that both QuickB009hjcR54oks Desktop and the payroll tax table are updated. You can check out these articles for future reference in handling your state wage base limit: 

• Entering wage base and tax adjustment to correct employee's quarter (qtd) or year to date (ytd) tota...
• Payroll tax wage bases and limits

Visit our Payroll reports and forms page for more insights about managing your payroll reports in QuickBooks. 

I'm just one post away if you need a hand with adjusting your payroll liabilities or any QuickBooks related. Just reply to this post and I'll get back to you. Have a great weekend. 

The answers that are being provided are not for the UNEMPLOYMENT Taxable wages.  Or at least the updates are not correcting the Unemployment Taxable wage base in my system.

Thank you for visiting the QuickBooks Community again, platterell1. Let me discuss how the Unemployment Taxable Wage Base works in QuickBooks Desktop to ensure you'll get the most recent information by following the details below.

payroll taxes work in QuickBooks Desktop. Then, I'll ensure you'll be able to correct the employee % of PA UC Tax at the right time so your employee's data stays accurate.

The rate may change from time to time depending on several factors, including a state’s base rate. As mentioned above, QuickBooks Desktop will automatically correct the newly updated rate if there are anything changes in your state. 

Additionally, the wage base limits are updated by the tax table and based on the most recent information available for your state. To ensure you're always getting updated information, I suggest making sure that you download and get the newest tax table in QuickBooks Payroll. This is to provide you with up-to-date, accurate rates and calculations for federal and supported state taxes, payroll tax forms, and e-file and e-pay options. 

Lastly, you may refer to this article to see steps on how you can run a specific report that shows you the total payroll wages, taxes, deductions, and contributions: Create a payroll summary report in QuickBooks.

Let me know in the comment section if you have other payroll taxes questions or any QuickBooks concerns. I’ll get back to answer them for you, platterell1. Have a good one.