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Su15
Level 1

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

Why is Federal Taxes (941/943/944) showing in QB that this quarterly tax is for:
"01/27/2024 — 01/30/2024 (Q1) ...
Due 02/02/2024
Pay by 02/01/2024"
 
In 2023, all of our 941 came up for the correct quarterly time periods, with due dates at the end of the month following the close of a quarter.
 
QB support person said I should contact the IRS about the odd timing of our 941 for Q1 2024, then the support person was disconnected after she said she'd be looking into this.  Can someone explain why this happened and how to remedy it in QB for the rest of Q1 and the rest of the quarters?
Solved
Best answer February 12, 2024

Best Answers
ShyMae
QuickBooks Team

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

I would have felt the same way if I had gone through the same issue @Su15. I understand the importance of having the correct pay and due period in your quarterly 941. 

 

Before anything else, let's check if the filing frequency is set to quarterly. 

 

Here's how:

 

  1. Hover to the Gear icon, then Payroll Settings.
  2. Select the Edit icon next to the federal tax
  3. See the How often do you pay your taxes? 
  4. Verify if the Form 941 is set to Quarterly

 

I recommend contacting our payroll support once you verify that the filing frequency is set to quarterly. I know you've already reached out, but your concern requires the assistance of our designated team. 

 

Here's how to reach our payroll support:

 

  1. In your QuickBooks Online account, go to the Help menu.
  2. Hover to the Search tab, then click Contact Us.
  3. Type in a short description of your issue and concern in the box provided.
  4. Click Continue.
  5. Select the Chat or Callback option.

 

You can contact us from Mondays to Fridays, 6 AM to 6 PM PT. 

 

It's also advisable to contact the IRS regarding this matter if you need more help about your deposit schedule.

 

On the other hand, if you want to look closely at your business's finances, you can run a payroll report. It will provide a detailed summary of your company's payroll expenses, including employee salaries, bonuses, taxes, and other related costs. 

 

You can return to me again if you need further clarification concerning quarterly federal forms. Kindly tap the reply button to enter your response. I'll always be here to assist you. 

View solution in original post

4 Comments 4
ShyMae
QuickBooks Team

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

I would have felt the same way if I had gone through the same issue @Su15. I understand the importance of having the correct pay and due period in your quarterly 941. 

 

Before anything else, let's check if the filing frequency is set to quarterly. 

 

Here's how:

 

  1. Hover to the Gear icon, then Payroll Settings.
  2. Select the Edit icon next to the federal tax
  3. See the How often do you pay your taxes? 
  4. Verify if the Form 941 is set to Quarterly

 

I recommend contacting our payroll support once you verify that the filing frequency is set to quarterly. I know you've already reached out, but your concern requires the assistance of our designated team. 

 

Here's how to reach our payroll support:

 

  1. In your QuickBooks Online account, go to the Help menu.
  2. Hover to the Search tab, then click Contact Us.
  3. Type in a short description of your issue and concern in the box provided.
  4. Click Continue.
  5. Select the Chat or Callback option.

 

You can contact us from Mondays to Fridays, 6 AM to 6 PM PT. 

 

It's also advisable to contact the IRS regarding this matter if you need more help about your deposit schedule.

 

On the other hand, if you want to look closely at your business's finances, you can run a payroll report. It will provide a detailed summary of your company's payroll expenses, including employee salaries, bonuses, taxes, and other related costs. 

 

You can return to me again if you need further clarification concerning quarterly federal forms. Kindly tap the reply button to enter your response. I'll always be here to assist you. 

Su15
Level 1

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

Thank you!  Wish the customer service rep had walked me through this menu.  I asked them where this is set and after putting me on a couple of long holds, they said I have to contact the IRS.  I really don't know how this got set to biweekly when we've had this set to quarterly since 2016.  I will follow up with the IRS.  Your timely response is greatly appreciated!

backuptim
Level 1

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

I have QB Desktop Pro - and when I went to run 2024 Q1 941 is got the message that I need to down load the latest forms? Never seen this before after the new year. What do I need to do?

ReymondO
QuickBooks Team

941 for Q1 2024 was listed for "01/27/2024 — 01/30/2024 (Q1)" and due "02/02/2024"

Thanks for joining the thread, @backuptim.

 

Let me share insights about the message you receive when running the 941 quarter-one tax form for 2024. 

 

This prompt indicates that you need to download the latest payroll tax form to view it. However, the 2024 941 tax form isn't yet available in the program, which is why you're getting the message. Although, new quarterly forms will be available in QuickBooks before the start of the filing period. 

 

Once the forms are ready, you'll receive a notification to update your payroll tax table. Here's how to download the latest tax table:

 

  1. Go to Employees, then select Get Payroll Updates.
  2. Click Download Entire Update.
  3. Select Update.

 

If you encounter some errors when you update the payroll tax table, use these common troubleshooting steps to resolve them:
 

 

Please let me know if you have additional questions about running payroll tax forms in QBDT. I'll be here to help you out. Have a good one.

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