Employees and payroll
Thank you for contacting us here in the Community Forum, tumc1854.
I'm here to help select the Exempt Organization for your Non-Profit QuickBooks company file.
Before we proceed, you'll want to verify by contacting the IRS if your company falls under a non-profit organization. They can provide certain instructions to ensure that you're filing the correct form.
Going back, In QuickBooks Desktop, the Exempt Organization option is available for a non-profit organization. All you need to do is select from the Income Tax Formed Used section the Form 990 Exempt Organization type on your company file.
To do this, please follow the steps below:
- Go to the Company menu and select My Company.
- Click the Pencil icon and press Report Information.
- Tap the Income Tax Form Used and select the correct filing form.
- Select OK to save it.
You may want to check out these articles so you'll be guided about QuickBooks: Get started with QuickBooks Desktop and create a company file. It includes setting up and adding your company information.
Additionally, make sure to update your QuickBooks Desktop so the file has the latest features and fixes. Then, update your payroll tax table to stay compliant with paycheck calculations.
And, here's how you can prepare and file Form 941 Schedule B in QuickBooks Desktop.
Keep me posted if you have follow-up questions about your Schedule B form, and I'm happy to help you.
