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W2 with incorrect EIN

Forum|Forum|2 years ago
March 3, 2024
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i am self employed, my payroll firm uses quickbooks and they made a mistake on EIN and 2023 W2 issued has incorrect EIN and due to which payroll taxes were also not deducted. how to take care of this? learned that w3c form can be filed with IRS to correct this but my main concern was how to pay payroll taxes for 2023 W2. Thanks in advance....

QuickBooks Self-Employed

Best answer by JamesAndrewM

Thanks for returning to the thread and adding more details regarding your W2 with incorrect EIN. Allow me to chime in and share my thoughts to help you with this.

Before anything else, I'd like to clarify which product you are using. Is it QBO or QBSE? If you are using QBO, I recommend contacting our QuickBooks Online Payroll Support Team for assistance in correcting your W2 form with incorrect EIN in 2023 W2 and taking care of the taxes that were not deducted in 2023 as per W2.

To speak with one of our experts from QuickBooks Online Payroll Support. Please follow the steps below to contact support:

1. Sign in to your QuickBooks Online company. Select Help (?).

2. Choose either tab: Assistant or Talk to a Human.

3. Search or click Contact Us.

4. Start a chat with a support expert.

You can contact us from Mondays to Fridays, 6 AM to 6 PM PT, and Saturdays, 6 AM to 3 PM PT.

However, if you are using QBSE, I suggest contacting your employer and requesting the corrections. You can read this guide about 1099s in QuickBooks Self-Employed. It will give more details on W-9 info and the 1099 form.

I'm adding these articles you can use in the future:

Feel free to post here again if you have further QuickBooks-related concerns. We are available 24/7 to lend a hand with each of your queries. Stay safe!

J

jeanbiverly_

Let me help you pay payroll taxes for W-2 in QuickBooks Self-Employed (QBSE), @ssbr79.

When you work for someone as an independent contractor, they usually won't withhold taxes for you. That means you need to do your withholding and pay for taxes. Your 1099-MISC includes your total earnings since no taxes were taken out. Since you're self-employed, you need to cover all of your taxes. This may mean you pay more taxes than an employee for the same amount of income. However, you can usually deduct some of your business-related expenses. This can greatly reduce the amount of taxes you owe in the end. You need to make federal estimated quarterly tax payments four times a year. QBSE estimates your tax payments based on your self-employed income.

QBSE also considers your tax situation. When you fill out your tax profile, you tell QuickBooks about your 1099-MISC and W-2 income. This puts you in a tax bracket, which is part of how QuickBooks calculates your federal estimated quarterly tax payments. The person who hired you as an independent contractor needs specific info to fill out and submit your 1099-MISC. If they use QuickBooks Online, they can invite you to fill out a W-9 form. This makes it easy to send your info and get your 1099-MISC when it's ready.

Just in case you need a guide for filing your annual tax, check out this article for guidance: QuickBooks Self-Employed annual tax guide.

Should you have any other concerns besides paying your payroll taxes for W-2, leave a reply. We're here to help.

S

ssbr79Author

may not have explained problem very well and would like to provide more details.

There is no issue with 1099, clients/vendors paying my LLC.

as a self employed, need to run payroll on my own and used a firm to take care of this, instead of using my LLC EIN, they made a mistake and used some other LLC EIN. My 2023 W2 was reflecting incorrect EIN. came to know about this last week while trying to file taxes and looking for way to correct this. reason for using quickbooks blog was, this payroll company uses quickbooks and would like to know if there is a way in quickbooks to correct the EIN in 2023 W2 and also take care of the taxes which were not deducted in 2023 as per W2.

J

JamesAndrewMAnswer