Skip to main content
D
dan-allaccesschu
March 4, 2024
Solved

How do I change the bank that my payroll taxes are deducted?

  • March 4, 2024
  • 1 reply
  • 0 views
Original commenter did not share additional details
Best answer by KimberlyS

Hello there, dan-allaccesschu.

 

I have the information you need regarding payroll bank account changes.

 

In QuickBooks Online, informing the Internal Revenue Service (IRS) and Employment Development Department (EDD) isn't necessary when updating a payroll bank account.

 

On the other hand, you might want to scan this material to gain essential insights about your business and employees for guidance when making informed decisions: Run payroll reports.

 

Feel free to add a comment to keep us updated in the Community if you have additional questions when changing your payroll bank account or other related concerns in QuickBooks Online. We're always around to help.

1 reply

S
SashaMC
March 4, 2024

Hello dan-allaccesschu,

 

Welcome to the QuickBooks Community! I will be happy to assist you here! To update your company's bank account for payroll in the future, here's what you can do:

 

  1. Go to the Gear icon at the top.
  2. Choose Payroll Settings.
  3. From Bank Accounts, select Edit ✎.
  4. Click Update.
  5. Select Add new bank account.
  6. Search your bank name. You may be asked to enter your online banking user ID and password. Otherwise, select Enter bank info manually. Enter your routing and account number, then choose Save.
  7. Click Accept and Submit. 

 

For more detailed instructions, refer to this article: Change your payroll bank account.

 

 

 Please don't hesitate to respond to this message by leaving a reply if you have additional questions. Keep safe, and I wish your business continued success.

D
dan-allaccesschuAuthor
March 4, 2024

I have done this to change which bank the payroll comes out, but how do I inform the IRS and EDD about this bank change? Or, do I not need to?

K
KimberlySAnswer
March 4, 2024

Hello there, dan-allaccesschu.

 

I have the information you need regarding payroll bank account changes.

 

In QuickBooks Online, informing the Internal Revenue Service (IRS) and Employment Development Department (EDD) isn't necessary when updating a payroll bank account.

 

On the other hand, you might want to scan this material to gain essential insights about your business and employees for guidance when making informed decisions: Run payroll reports.

 

Feel free to add a comment to keep us updated in the Community if you have additional questions when changing your payroll bank account or other related concerns in QuickBooks Online. We're always around to help.

Terms & ConditionsAccessibility statement