How do i change the payroll tax withdrawal date from last year?

Once payroll transactions are saved or sent, they cannot be modified, DaBru. To change the payroll tax withdrawal date, you can delete the original entry and create a new one with the accurate date. 

First, ensure that the electronic payment has not yet been processed. Otherwise, we won't be able to stop the transaction. Please note that you can only cancel Federal tax payments up to two business days before the payment date, but you must do so before 5 pm PST.

To delete the transaction, follow these steps:

1. Navigate to the Taxes menu and go to the Payroll tax tab.
2. Above the transactions marked as ACTION NEEDED, select Payment history.
   
   
    
3. Select the tax payment you want to delete.
4. Click Delete.
5. Hit Yes, delete to confirm.
   
   

For more details on how to cancel or delete payroll tax payments and forms in QuickBooks Online Payroll, refer to this article: Cancel or delete payroll tax payments and forms.

Recording tax payments on the same day the funds are withdrawn from your bank account is beneficial. This practice ensures that your financial records align with your bank statements, making financial management and tax preparation easier.

You can also refer to this article to reconcile your accounts with your bank and credit card statements: Reconcile an account in QuickBooks Online.

Furthermore, did you know we offer a free session with our QuickBooks Live Expert Assisted service? Our specialists can simplify your financial management and provide personalized guidance tailored to your business needs.

If you have additional questions about your payroll tax transactions, please don't hesitate to reach out. We are here to assist you in maintaining orderly and precise financial records.