08-11-2024 10:55 PM
Hi community, QuickBooks is not calculating Social Security taxes for employees correctly, despite correct setup. Has anyone experienced this problem or have suggestions to resolve it? Any help or tips would be greatly appreciated!
Solved! Go to Solution.
08-11-2024 11:12 PM
If QuickBooks Payroll isn't calculating Social Security correctly, it could be due to a few common issues. First, ensure your payroll settings are up-to-date. Go to the Payroll Settings in QuickBooks and verify that your Social Security tax settings match the current rates. Next, check that employee profiles are correctly set with accurate Social Security numbers and earnings. Make sure you’ve installed the latest QuickBooks updates, as outdated software might have bugs affecting calculations. If the problem persists, run the Payroll Tax Liability Report to spot discrepancies. Finally, if you’re still having trouble, consider reaching out to QuickBooks support for further assistance.
08-11-2024 11:12 PM
If QuickBooks Payroll isn't calculating Social Security correctly, it could be due to a few common issues. First, ensure your payroll settings are up-to-date. Go to the Payroll Settings in QuickBooks and verify that your Social Security tax settings match the current rates. Next, check that employee profiles are correctly set with accurate Social Security numbers and earnings. Make sure you’ve installed the latest QuickBooks updates, as outdated software might have bugs affecting calculations. If the problem persists, run the Payroll Tax Liability Report to spot discrepancies. Finally, if you’re still having trouble, consider reaching out to QuickBooks support for further assistance.