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January 2, 2024
Question

I have updated my QB payroll for 2024. why is the amount deducted per employee is less than in 2023

  • January 2, 2024
  • 1 reply
  • 0 views

why would the federal income tax deductions for 2024 be lower than the 2023 income tax deductions? 

1 reply

January 2, 2024

Hey there, LK3762.

 

I appreciate you turning to the QuickBooks Community for support.  Since QuickBooks automatically updates the payroll information based on government guidelines, I recommend reviewing the guidelines on the CRA website.

 

Please dont hesitate to reach back out if you have any other questions.