QuickBooks Payroll provides subscribers with a tax table each time the
federal government, or the state or local governments covered by the
subscription, enact any changes that affect payroll taxes. You download tax
tables when you get payroll
updates from the service. Downloading the payroll update takes less than a minute, and it does
not change your existing data.
Why is it important to have the
most recent tax table?
Tax laws and regulations change frequently, and their application can vary
widely based on the specific facts and circumstances involved. You are
responsible for consulting with your own professional tax advisors concerning
specific tax circumstances for your business. Intuit disclaims any
responsibility for the accuracy or adequacy of any positions taken by you in
your tax returns.
If you have questions regarding accounting issues specifically related to
your industry or your business circumstances, you should consult with your own
professional tax advisor, accountant, attorney, industry expert or professional
With payroll updates, you get:
Federal tax updates: Whenever federal withholding, social
security, Medicare, federal unemployment (FUTA), or the advance earned income
credit change, you receive an update.
Certain federal and state payroll tax forms: If
quarterly forms have mandatory changes, you receive an
update in time to file it. At the end of the calendar year, you receive an
update that includes any changes to the yearly forms (for example, W-2, W-3, and 940). For general information on Payroll taxes and detailed information on payroll taxes and fees go to the Payroll Tax Compliance page.
Updates for state withholding, state unemployment (SUI), and state
disability insurance (SDI): You receive an update when state
withholding taxes, the wage base limit for SUI, the wage base limit and/or some
tax-table-defined rates for SDI change for your state.
Updates for selected miscellaneous state and local taxes:
If the supported miscellaneous state and local taxes change for your state(s),
you receive either an update or a notice about the change.
Auto-correction of certain taxes: The tax table
automatically handles rounding discrepancies and retroactive tax rate changes
for flat-rate taxes, including social security, Medicare, FUTA, SUI, and SDI
(if it is flat-rate). Non-retroactive tax rate changes are not adjusted.
More information about how
QuickBooks calculates payroll taxes
Am I already subscribed to QuickBooks payroll?
How do I download a tax
Which state and local taxes are supported?
How much does a subscription cost?
How do I sign up?
Calculating payroll taxes manually (without a subscription to QuickBooks Payroll)