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July 18, 2022
Question

Anyone can help me i received a letter from IRS saying i have overpayment from form 941 , how can i sure or get that money?

  • July 18, 2022
  • 1 reply
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1 reply

July 18, 2022

I'll help you handle your overpayment, colton6.

 

To start, let's first determine if the overpayment is valid. I've added these examples to help us verify this:

 

  • Your tax rate decreased after a tax payment was made
  • One or more paychecks were voided or deleted after a tax payment was made
  • You made a duplicate tax payment in the same liability period

 

To know the factors that can lead to invalid overpayment, I'd suggest checking out this article: Resolve a Payroll Tax Notice.

 

Once you're ready to resolve the overpayment and request a refund, I'd recommend following these steps:

 

  1. Go to Taxes and then choose Payroll Tax.
  2. Select Payments.
  3. Click Resolve overpayment. If you don’t see this option, contact us to resolve this.
  4. Choose one of the following if available:
    • Apply to a future tax payment
    • Request a refund
  5. Click Mark as Resolved.
  6. Select Contact tax agency for next steps to get contact info for the IRS or state agency. 
  7. Contact the IRS or your state agency to request refunds or apply taxes to future periods.

 

Additionally, I've added these resources that'll help you learn more about managing and filing payroll taxes and forms in QuickBooks Online:

 

 

Kindly update us if you're able to verify and get a refund with your form 941. I'd be glad to assist you further if you have further questions about the process. Keep safe always!