Previewing Your Scheduled Payroll Tax Debit/Credit
As a Full Service Payroll customer, your payroll taxes will be debited from your bank account each time you run a payroll. In the event of a tax adjustment when you have overpaid taxes, your bank account will be credited. If you are not a Full Service Payroll customer, you would be responsible for paying these taxes yourself.
When you are on Step 2 of running a payroll, you can view pending tax debits before you approve your payroll. Click “View Details” to see a detailed tax breakdown at the bottom of the screen. Here is an example:
If you void a check, or a tax rate changes and results in a tax credit due, the credit amounts will appear in parentheses.
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