There are factors we need to check and consider when reviewing discrepancies in your monthly payroll report and W3s, Shubert. Let me provide a detailed insight into this.
In QuickBooks, the information shown in the Payroll Summary report and W-3 are based on the total earnings, Social Security wages, and taxes withheld for all employees. To ensure this is correct, let's check some factors that may cause the amounts to differ between the report and W-3.
To start, let's verify the payroll period dates on your report and W3s. Also, you can check the filters applied to the report to see all data for the said month.
Additionally, any modifications or corrections made after the payroll has been processed may not be included in the W-3 form.
On the other hand, if you're seeking professional guidance to carry out the procedure in preparing and filing W-3 forms, you may contact our QuickBooks Live Expert Assisted team to help you manage these taxes.
Moreover, you can check out these references to send copies to your workers or accountant and help you submit these forms to your state agencies:
Reviewing your tax forms ensures accuracy when filing them, Shubert. With the insight above, you can manage your payroll reports and taxes. If you need additional help, let me know on this thread.
