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mcgurninc
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Employee Withholdings

QuickBooks Premier: 2007: Contractor
11/3/09 1:28 PM
Total Views: 29

How does QuickBooks calculate the withholdings from each paycheck issued to an employee?

 
 
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All Replies:  Answers (1)  
RekaUjj
Contributor
Rating 0

Answer

11/3/09 3:15 PM

QuickBooks uses the charts/tables IRS gives. This is one of the reasons we need to update the payroll quite often in QuickBooks: these charts change at least annually.

Reka

 
 
 
 
 
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