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June 8, 2022
Question

Quickbook2020 - Payroll Tax Table Updates

  • June 8, 2022
  • 1 reply
  • 0 views

I am a student learning Quickbooks in my college. The version we installed is Quickbooks 2020. When I was working on my assignment, I kept getting a message saying the Payroll Tax Table is out of date. 

I've tried to install all updates but this message is still there. 

 

Please see attached screenshots.

 

My current tax table version : 11330003

Calculations are updated for: 01/01/2021

Your tax table expires on: 06/30/2021

Any help would be appreciated.

1 reply

June 8, 2022

Hi there Amy_Xu,

 

It's vital that you have the correct information about your version of QuickBooks Desktop in order to use the software effectively. QuickBooks Desktop is a great program abe to help you keep track of the financials of your business. I can provide some information about tax table updates.

 

QuickBooks Desktop tax table updates happen to make sure that the tax calculation on payroll is accurate based on the most recent tax information and brackets released by the government. These updates are available on the most recent versions of QuickBooks Desktop. The last available tax table release for QuickBooks Desktop 2020 would be the one you currently have installed, and it's based on the tax information released for January 1st, 2021 to June 31st, 2021.

 

If you have any other questions, feel free to reach out here.