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January 9, 2023
Question

Does anyone know anything about the CT DOL Modified Contribution Rate? I believe I was paying 1.9% but now this form shows perhaps a 1.7% for 2023?

  • January 9, 2023
  • 1 reply
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Charged Rate=.5%
Fund Balance Tax Rate= 1.25%
Modified Contribution Rate= 1.7%

1 reply

January 9, 2023

Thanks for taking the time to post here in the Community, @userpatriciahutchins.

 

To check your tax rate, I'd recommend reaching out to your State Tax agency.

 

Also, you can track your payment due dates to avoid late returns and extra fees in QBO. You may want to check out this article as your reference to guide you in filing your sales tax return and recording tax payments in QBO: File your sales tax return and record sales tax payments in QuickBooks Online.

 

If you have other sales tax concerns in QBO, please don't hesitate to let me know in the comments below. I'm always ready to help. Take care.