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rjpetr65-gmail-c
Level 1

Used other software in Q1, on QBO now. Took a draw in Q1. Old sftwr filed a $0.00 941 for Q1. Do I need to add a tax pymnt to QB for Q1 even tho its filed in old sftwr?

I have the payroll option in QBO. I had it in the old software too. I didn't know if all Q1-Q4 tax payments all had to be present in QBO for it to close the year out properly. Q1 was filed automatically in the old software even tho I didn't take a salary that month, only a draw. So i t was a $0.00 filing. Thanks!
1 Comment 1
JamaicaA
QuickBooks Team

Used other software in Q1, on QBO now. Took a draw in Q1. Old sftwr filed a $0.00 941 for Q1. Do I need to add a tax pymnt to QB for Q1 even tho its filed in old sftwr?

Yes, you can record tax payments you've made on the old software, rjpetr65. This way, we can ensure that your financial records in QuickBooks are accurate and up-to-date.

 

Since you've filed and paid taxes outside of QuickBooks, follow the steps below for documenting prior tax payments if you've already added your liability or paychecks.

 

  1. Go to Taxes, then Payroll Tax.
  2. Select the Payments tab.
  3. Review the payments listed and find the tax you want to enter a payment for.
  4. Once found, choose the option Mark as paid from the ▼ dropdown then click Yes, mark paid

 

If the payment is not listed, refer to the article for instructions: Record tax payments made outside of QuickBooks Online Payroll.

 

Otherwise, please manually enter payroll paychecks if you haven't generated pay stubs or liabilities. By doing so, reconciling tax history will be easy.

 

You can save this reference to view available reports about your business finances and employees: Run payroll reports.

 

I'll promptly follow up if you require further clarification about managing your tax payments. We're around the clock for any assistance you may need. Have a great day.

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