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Level 1

QB incorrectly calculates my hours for the oregon wbf tax.

 am in Oregon. I noticed that QB is calculating hours for the wbf tax by adding hours worked plus holiday. It should be just hours worked.

4 Comments
QuickBooks Team

Re: QB incorrectly calculates my hours for the oregon wbf tax.

Hey there, @pegster.

 

Having your Oregon WBF tax to calculate correctly is my priority. Let's get this sorted out.

 

QuickBooks will calculate taxes based on the information and hours that you've entered on the earnings section of your employees' paycheck. To learn more about the Oregon WBF tax calculation, you may refer to this article: Set up or change Oregon Worker Benefit Fund (OR WBF).

 

Also, It'd be best running a payroll update every time you do payroll for your employees to ensure that your tax table is updated to the latest release. 

 

To do that:

  1. Go to the Employees menu, then select Get Payroll Updates.
  2. Put a check in the Download Entire Update checkbox.
  3. Select Download Latest Update.
  4. A window appears when the download is complete.

For complete details about payroll updates in QuickBooks, please see this link: Download the latest payroll tax table.

 

Lastly, here are some helpful information about the holiday pay and taxable compensation in QuickBooks for your future reference. 

 

If you need further assistance with this process, feel free to reach out to our Customer Care Team. 

 

Of course, you still got me here if there's anything you need with this concern. I'd be pleased to help you out. Have a great day.

Level 1

Re: QB incorrectly calculates my hours for the oregon wbf tax.

Thanks BettyJaneB for your reply.

The holiday pay is taxable.  QB will not let me change it for wbf payroll item.

Level 1

Re: QB incorrectly calculates my hours for the oregon wbf tax.

Thanks for your reply BettyJaneB,

Holiday pay is taxable.  QB will not let me change it in the payroll item list under WBF.

QuickBooks Team

Re: QB incorrectly calculates my hours for the oregon wbf tax.

I appreciate your prompt response, @pegster.

 

Allow me to provide additional clarifications about fixing your Oregon WBF tax calculation. 

 

If you want to exclude the holiday pay to be included in the taxability of Oregon WBF, this option isn't available for us. This is because QuickBooks tax calculation will depend on the item type. Since a holiday pay is a compensation, automatically it will be added as taxable.


In situations like this, I'd suggest reaching out to your accountant to ensure the best course of action for your business.

 

Let me know if you have any other questions. I'll make sure your taken care of. 

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