Rejected e-payment by agency for training tax I didn't have to file in the 1quarter
I filed first quarter liabilities on time, had new employee that I didn't double check that he was not responsible for the Employee Training Tax. So when filling, it came up to .76 cents. I filed the form and sent the payment. It was rejected by the Agency. It has sat there all year as a rejected payment. As I was reconciling the account it came out of, it read as pending payment. Today I went to void or reverse payment on the it, knowing it was rejected, and that I was not going to resubmit it. The scheduled liabilities payment window has included the form and payment again and is now PAST DUE on it with a red flag. How do I remove the past due payment, and will it affect my 4th Quarter filling?
To remove the past due in the scheduled liabilities payment window, you can make a payroll liability adjustment.
Before we proceed, please note that this process can be tricky. Use them only if you understand accounting or on the advice of your accountant. You can also find an accountant if you need one.
Here's how to do it:
In QuickBooks Desktop (QBDT), go to the Employees menu at the top.
Select Payroll Taxes and Liabilities and Adjust Payroll Liabilities in the drop-down.
Use the same date as the last paycheck of the affected quarter. Use today's date if you’re working on the current quarter (the Effective Date is used to calculate amounts on your 940 and 941 forms as well as the Payroll Liability Balances Report).
Select Employee Adjustment if the item you're adjusting is company-paid. Pick Company Adjustment if you want the balance to be removed from the PayrollLiability Balances Report.
Enter the employee's name and the other necessary information.