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September 29, 2023
Question

Louisiana state tax

  • September 29, 2023
  • 1 reply
  • 0 views
Quickbooks only charges the state amount and we find that when we file with the state the amount we owe is almost double what we charged.

1 reply

September 30, 2023

Bringing this to our attention is much appreciated, bob.

 

I understand how crucial this matter is to you as it affects how you keep compliant with your jurisdiction. With this, I’ll share insights about how QuickBooks charges state taxes in QuickBooks Online (QBO).

 

The application depends on how you set up your state tax rate. Since the amount you owe is doubled for what you have been charged, you’ll want to verify from your state the latest and accurate rate. Then, change what you have entered in QuickBooks to reflect the correct one moving forward. 

 

Here’s how:

 

  1. Log in to QuickBooks Online.
  2. Go to the Gear icon, then select Payroll settings.
  3. Tap the Edit icon next to the state you want to update.
  4. Select Change or add new rate in the State Unemployment Insurance (SUI) Setup section.
  5. Enter your new rate and its effective date. 
  6. Select or enter any updated surcharge or assessment rates.
  7. Select OK.

 

Furthermore, you can also pull up a variety of payroll reports in QuickBooks. This will give you a closer look at your employee's total wages, deductions, and tax information in a certain period. For the complete list of available payroll reports and how to pull them up, kindly refer to this article: Run payroll reports.

 

Keep me posted if you have other concerns or any follow-up questions about taxes. The Community is available 24/7 to help.