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September 13, 2023
Question

My federal taxes says it is owners draw. how do i fix this? it wont let me make a payment or edit

  • September 13, 2023
  • 1 reply
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1 reply

September 13, 2023

Hi ronsheatingncool,

 

Welcome to Community!  It's essential that your federal tax is set up accurately in keeping your accounts accurate.  QuickBooks Online enables you to edit the associated accounts, as you see necessary.  I'd be glad to assist!

 

Here's how to edit the federal tax account;

 

1. Open your Settings ⚙ and select Payroll settings

2. Click on the Edit 📝 in the Accounting section

3. Scroll down to the Tax Liabilities Accounts section and click on the Edit 📝

4. Use the ▼ dropdown menu to select the account for your Federal Taxes

5. Hit Save

 

Please don't hesitate to contact us, if you require additional assistance.

 

Schedule a Callback: click (?)Help in the upper right > click Contact Us > explain your situation > click Let's Talk > choose Get a callback (Note: Callback hours are the same as regular phone hours.)

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If you have any other questions, please feel free to reach back out.  We're always happy to help!