Running payroll a day late
Hi. I have a one person S corp (myself) and ran payroll a day late. I usually run in once a month on the last day of the month , but missed it and ran it on Jan 1. When doing so I selected Dec.1 thru Dec 31rst as the pay period and issued the check on Jan 1.
I now see the information (tax and earnings) from this payroll didn't get put into my 4th quarter records/reports. Did I mess up by not backdating the check Dec. 31? I thought by selecting the December pay period would do the trick. So my questions is what can i do to add the late payment to last month's/quarter's record and filing? Any help would be appreciated. Thanks!!
