Taxes
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I can't figure out how to map the state unemployment tax so that my payment shows up as an expense in the P&L. Quickbooks is taking the amount owed for each employee and when the payment is made to the state, that is put against what was owed for each employee and it doesn't show up as an expense. How do I map it correctly?
need a list of tax withheld to reconcile my banking account and a current balance, please help
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I need to retroactively change an employees 2022 and 2023 w2 to a statutory employee? How do I do this in QBO? Do I also need to call IRS?When I look for "Statutory" box in the employees profile, I do not see an option to click it?Thanks
Sales tax is being added on all sales no mater the exemption status or state that is addressed to
Paid on 11/12 and 11/15 and it has not cleared the bank account. I am worried that something is incorrect or not set up and now we are late
On my second line of my invoice even with me choosing for the tax to be added, it does not pull through
How do I record an employee housing benefit on employee paycheck?
Persistent issue with exporting Tax Payments from Intuit Online Payroll Core to Mac for Desktop 2024. The export function has not worked since October 1st, 2024. Given the substantial price increase for Desktop for Mac 2024, a resolution of the export functionality issue from Intuit Online Payroll is imperative. Any help is appreciated, as the substantial time invested in researching potential solutions and engaging in support calls has been both unproductive and frustrating.
Quickbooks Intuit Support helped me set up the new sales tax settings end of August '24.Today, I realized that all the sales tax I have collected has been booked to an incorrect franchise fee (sales tax) payable account. Where/how do I fix this? As an example, I created a new invoice dated 11/1/24 for a current customer. Customer resides in Eureka and location was correctly set in the customer account. The invoice was created and I selected the tax rate of 3% for Eureka residents. The tax amount created correctly, but booked to the wrong sales tax payable account.As you can see on the attached screengrab, the invoice transaction journal shows the collected tax is booking to the Village of Mackinaw Franchise Fee account (incorrect account) and not to the City of Eureka Franchise Fee account (the correct account).How do I make sure the tax accounts are booking to the correct payable account? It’s clearly not set correctly at this time.Where in the
I've noticed that in my yearly P&L, the taxes taken out of my employee paychecks are recorded as well as taxes paid to the IRS & state. The section with taxes taken out of the paychecks is automatically recorded, and the other section that has the monthly taxes paid to the IRS and state are added through the bank feed. How do I fix this?
I’ll like suggestion on how you separate your income from revenue. Our payment method is 90% Zelle and it’s all automatically goes into income but that’s the revenue and not my income. I’m tired of it messing with my yearly taxes
I received a notice from IRS changing my deposit requirements for next year. The quarter liabilities listed show less than 50K due to the June 30 2024 showing as 0.00. I completed the 941 in QuickBooks desktop and printed the form, but apparently, I did not hit submit or something else went wrong. The form shows up in my saved list, but not in my e-file list. Yikes! what do I do?? I submit payroll liabilities every week through our bank draft, so there should be no taxes due. Do I start over and re-submit?
I called about this issue on 10-24-2024. Is anyone else having this issue? I can't reconcile my payroll account.
I have recently stepped into handling the accounting through QB Online for our small business. I'm trying to determine if I need to set up an EFTPS account, and the CEO is not certain whether he previously did this. Does anyone know whether QB uses EFTPS when filing federal withholding? If they do, that would answer my question, and I'd be able to check that reports and withholding are being filed in a timely manner. Thank you.
We are a company using a lawn care service and I need to know if we should send a 1099MISC to them in Iowa. We paid well over $600.
Received an IRS notice that instead of filing a Form 941 that we need to file a Form 944. How do I change this in QBO?
Should a notice of tax filing frequency change for 2025 be input now or wait till the first of the year?
