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Buy nowThe thing I can't seem to make QB understand is that the "threshold" amount they keep talking about is the Standard Deduction!! We have ALWAYS had a standard deduction. That is taken care of on the tax returns the employee files!! What they're attempting to do now is causing employees to get used to a certain dollar amount on their paychecks and then they suddenly hit that Standard Deduction amount, and BOOM they now have fed tax taken out and their paychecks are suddenly around 80 bucks a week lower!! They're now scrambling to figure out how to pay bills, when they live paycheck to paycheck, because they were counting on a certain dollar amount. I have a guy who worked somewhere else for the first six months of 2022, so he ALREADY MET THE THRESHOLD at that other job, and for the past six months I had to do the lengthy form to estimate his withholding based on the tax tables, and now we don't thing enough was withheld. What the HELL am I paying for payroll tax tables for.
And to make matters worse, this employee wants to use the older version of W4 now, because of this, but I can't even change it in my employee file on QB, the option to pick which W4 is used, is greyed out and can't be changed if you have chosen 2020 W4 or newer. The only way would be to create a new employee and abandon the old one, which I can't do now because I've already created paycheck this year and submitted payroll taxes to the IRS. I can recreate the paycheck under the new employee because the payroll taxes are tied to the old paycheck so I can't delete it