Thank you for your prompt response, DII2004. I’d like to share information on how QuickBooks calculates taxes for employees and guide you to the right support for further assistance.
QuickBooks payroll tax fields are designed to reflect the actual payroll forms. The tax form models in QuickBooks are identical to the W-4 forms, which means you should enter the same numbers into QuickBooks as listed to ensure accurate payroll tax calculations.
Moreover, QuickBooks calculates taxes based on the W-4 information provided by each employee. The W-4 form, completed by the employee, specifies the number of allowances, filing status, and any additional adjustments, such as dependent credits or extra withholding amounts.
Now, if you require additional clarification on the specific lines of the W-4 form, I recommend consulting a tax advisor. They can offer personalized guidance to ensure you receive accurate and tailored support for your specific needs.
Finally, I've compiled a selection of articles for you to read. These resources will help you understand why your employee’s federal or state income tax might be $0.00, how to set your employee’s Federal or State Withholding (or Income Tax) as exempt, and how to run, print, and customize payroll reports:
Share any further inquiries about managing your W-4 forms in the comments below. I'll be here to provide you with all the assistance you need.
