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April 5, 2024
Question

Payroll Tax Liability Quarter issue

  • April 5, 2024
  • 1 reply
  • 0 views

Hello, I'm having problems finding the answer to this question anywhere online. 

 

The company I work for has over 40 employees, our pay periods are 1st-15th and 16th-30th/31st.

 

The issue I'm having is figuring out is when I'm depositing payroll tax liabilities what quarter they go into when moving into another quarter.

 

So for instance this recent pay period of 3/16 - 3/31, paychecks went out today 4/5/24. What quarter do these go into for state and federal payroll taxes.

 

From what I understand since the payroll period was during March that these payroll taxes from the 4/5/24 check would be applicable to Quarter 1 2024 and not Quarter 2 2024.

Is it always based on payroll period or is it based on the actual check date? 

 

Any information on this would be great, as when on Quickbooks the period says 4/3/24-4/6/24 but I'm not quite sure thats right.

Thank you.

1 reply

April 5, 2024

Hi there, Fishmarket1001.

I can see that you posted twice in this forum. Please click the link to get redirected to the original post answered by my colleague: https://quickbooks.intuit.com/learn-support/en-us/employees-and-payroll/re-payroll-tax-liability-quarter-issue/01/1422456#M127044.

 

To keep the conversation streamlined, I ask that you leave any follow-ups there.

 

If you have any other questions, you can always visit us. Have a great day!