Learn how to enter tax payments made for prior tax periods.
Do you need to reconcile your tax history? If you are new to our payroll products, you'll want to enter your prior payroll history, as well as any tax payments you paid outside the payroll system.
When dealing with penalties and interest paid to the tax agencies, you should not record these together with the tax due. It will result in overpayment. You should record these payments as an expense in your QuickBooks Online.
We'll show you how to record prior tax payments in Intuit and QuickBooks Online Payroll.
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