Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.
alexar
Level 1

how do i pay taxes ahead? I have a large tax bill coming up and I want to pay some of it down now.

 
1 Comment 1
ShangY
QuickBooks Team

how do i pay taxes ahead? I have a large tax bill coming up and I want to pay some of it down now.

Thanks for reaching out, @alexar.
 

Just to clarify, are you referring to sales tax or payroll tax?
 

If you're referring to sales tax, there's no option to record payment in advance. In this case, you can reach out to the tax agency to directly pay the tax.
 

However, if you're referring to payroll tax, you can make advance payments through EFTPS (Electronic Federal Tax Payment System). After that, you can create a historical tax payment in QBO to record the advance tax payment. Refer to this article for more details: Record tax payment made outside online payroll.
 

For state taxes, I recommend reaching out to the state agency to confirm if you can pay in advance.

 

Let us know if you need further clarification or have other questions.

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.

Need to get in touch?

Contact us