Payroll Liability

To clear the outstanding past-due amount showing in your account, we can create a bank deposit, Jcross79. Allow me to provide further information on this below.

Before proceeding, could you please share how you recorded your tax credit? Please note that QuickBooks displays data based on your input. To resolve this, consider deleting the current transaction and making a bank deposit with the check from the IRS for the tax credit, instead of using the Deposit Refund Liabilities function.

Here’s how to make a deposit:

1. Navigate to the Banking menu and select Make Deposits.
   
2. In the Payments to Deposit window, choose the payments you wish to combine, then click OK.
3. In the Make Deposits window, select the desired account from the Deposit to drop-down menu.
4. Fill in the required details for the deposit.
5. Click Save & Close when finished.

You can check out this article for more details about the process: Record and make bank deposits in QuickBooks Desktop.

Additionally, I will attach these articles to help you with your future tasks:

• Reconcile an account in QuickBooks Desktop
• Fix issues when you are reconciling in QuickBooks Desktop

As always, our Community Forum is eager to help if you have any inquiries or concerns about recording your taxes in QBO. Please know that you can tag us along with your post or circle us back by clicking the Reply button below, and we will assist promptly.