When will the tax profile info be updated for QB self employed? It still shows the personal exemption and last years' standard deduction for quarterly payment estimates.

I'm making my estimated payments, but I'm making them based on the wrong information. Tax profiles are different - the standard deduction is no longer $6,500 and the personal exemption has been eliminated. 

There is no option to remove the personal exemption or replace the standard deduction and I want to make sure I'm not paying the wrong amount based on the fact that the info Quickbooks Self Employed is using is wrong. 

When will the tax profiles use the correct information?

Answer

Hi there, archangelfish.

Thanks for reaching out to us about your tax profile settings in QuickBooks Self-Employed. 

Our engineers are already working to get the new tax table updated in the program as soon as possible. We'll let you know via email once the Tax Profile page is already updated before the end of the quarter.

We appreciate your patience while we're working on this. Have a great day ahead!

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IntuitJeno , Community Support Specialist
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